---
title: "487 HART Street, New York City, NY 11221"
description: "487 HART Street, New York City, NY 11221 — Townhouse in Bushwick, Brooklyn, NY. Last Sold Price $1,288,700. Sold on 8/17/2026. 6 bed, 3 bath, 1,680 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/487-hart-street-ny-11221"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 487 HART Street, New York City, NY 11221

Townhouse in Bushwick, Brooklyn, NY

Courtesy of Corcoran Group

## At a Glance

- **Last Sold Price**: $1,288,700
- **Status**: Sold on 8/17/2026
- **Beds**: 6
- **Baths**: 3
- **Sqft**: 1,680
- **Monthly Taxes**: $412 / mo
- **Price per Sqft**: $767
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![487 HART Street, New York City, NY 11221 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ca7f007-351f-421d-9009-b83232e5cf60.jpg)
![487 HART Street, New York City, NY 11221 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70fc38dd-9ada-4612-a72d-0d2877d9c48f.jpg)
![487 HART Street, New York City, NY 11221 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7cdf67d4-e326-455f-9d4a-18f03f0e6d5b.jpg)
![487 HART Street, New York City, NY 11221 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1d22fe7-913d-45a9-8d71-04b52cb6c0d5.jpg)
![487 HART Street, New York City, NY 11221 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/078562b5-b6de-464f-805a-4df4674d94dd.jpg)
![487 HART Street, New York City, NY 11221 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e620461-0526-476d-9f37-673fdc7a8333.jpg)
![487 HART Street, New York City, NY 11221 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b93b48c7-3547-44b6-9df8-501bfecc3090.jpg)
![487 HART Street, New York City, NY 11221 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6b70b10a-6e60-4ec1-8977-f99e3c4fee6c.jpg)
![487 HART Street, New York City, NY 11221 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c4a0825-cee5-4b6a-a442-6f6f7149c32e.jpg)
![487 HART Street, New York City, NY 11221 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9b2f5cc9-10c3-4213-89a7-e3aa0a5d716d.jpg)

## Property Overview

487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn

 Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a  20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With  1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.

 The home is currently configured as  two income-producing rental units, generating  $93,600 annually with additional upside and a strong 7.2  % cap rate.

 The  first-floor residence is a spacious  3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard

 The  top-floor apartment offers a bright  2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.

 Both units have been thoughtfully updated with  renovated kitchens and bathrooms, making this a true turnkey asset.

 Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 6
- **Baths**: 3
- **Rooms**: 12
- **Sqft**: 1,680 sqft
- **Stories**: 2
- **Year Built**: 1901
- **Price per Sqft**: $767
- **Monthly Taxes**: $412 / mo
- **Listed On**: Apr 4, 2026
- **Days on Market**: 162 Days

### Residence Features

- In Unit
- Private Outdoor Space Over 60 Sqft
- High Ceilings
- Smoke Free

## Sales Evidence

### Recent closed sales

487 HART Street has one recorded sale since September 2021, the most recent for $1,288,700 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| Entire property (Multi Family) | 6 | 1,680 | $1,288,700 | $767/ft² | August 17, 2026 | MLS |

### How this price compares

The median closed price for comparable house sales in Bushwick is $1,680,000, based on 36 sales between October 2021 and September 2026. This home is asking $1,288,700, $391,300 below that median. The middle half of those sales closed between $1,425,000 and $1,900,000.

- **Median closed price**: $1,680,000
- **Middle half**: $1,425,000 – $1,900,000
- **Based on**: 36 house sales in Bushwick
- **Period**: October 2021 – September 2026
- **Median $/ft²**: $511/ft²

Across the 26 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 65% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Bushwick. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 98.1% of the original ask
- **Closed below ask**: 65% of 26 sales
- **Listed → in contract**: 90 days (about 13 weeks)
- **In contract → closed**: 70 days (about 10 weeks)

Across the 26 of these sales with a published asking price, the median closed at 98.1% of what it originally asked. 65% of them closed below the original ask.

Half of these homes were in contract within 90 days (about 13 weeks) of coming to market, based on the 30 with a recorded listing date.

Once a deal was agreed, closing took a further 70 days (about 10 weeks), based on the 30 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 36 house sales in Bushwick, October 2021 – September 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 487 HART Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/487-hart-street)

## Price and Property History for 487 HART Street

Review the recorded listing activity for 487 HART Street, including asking-price changes and prior market dates.

- **Latest price change**: Increased by $38,700, or 3.1%, on August 17, 2026
- **Originally listed**: March 31, 2026 at $1,395,000
- **Last sold**: $1,288,700 on August 17, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 17, 2026 | $1,288,700 | Sold |
| August 17, 2026 | $1,288,700 | Asking price increased by $38,700, or 3.1% |
| July 29, 2026 | $1,250,000 | Listing removed from the market |
| July 16, 2026 | $1,250,000 | Entered contract |
| July 6, 2026 | $1,250,000 | Asking price reduced by $49,000, or 3.8% |
| March 31, 2026 | $1,395,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 487 HART Street were $5,111 in 2026, up 0.8% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $89,520 | $15,780 | $73,740 | $25,446 | $5,111 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $79,200 | $15,780 | $63,420 | $25,239 | $5,069 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $71,760 | $15,780 | $55,980 | $23,810 | $4,782 | 20.085% |
| 2023 (FY 2023/24) | $77,040 | $15,780 | $61,260 | $22,462 | $4,511 | 20.085% |
| 2022 (FY 2022/23) | $71,640 | $15,780 | $55,860 | $21,816 | $4,431 | 20.309% |
| 2021 (FY 2021/22) | $55,320 | $15,780 | $39,540 | $21,205 | $4,233 | 19.963% |
| 2020 (FY 2020/21) | $61,740 | $15,780 | $45,960 | $21,202 | $4,462 | 21.045% |
| 2019 (FY 2019/20) | $68,280 | $15,780 | $52,500 | $21,114 | $4,469 | 21.167% |
| 2018 (FY 2018/19) | $9,583 | — | — | $9,583 | $2,005 | 20.919% |
| 2017 (FY 2017/18) | $9,045 | — | — | $9,045 | $1,844 | 20.385% |
| 2016 (FY 2016/17) | $8,536 | — | — | $8,536 | $1,706 | 19.991% |
| 2015 (FY 2015/16) | $8,533 | — | — | $8,533 | $1,669 | 19.554% |
| 2014 (FY 2014/15) | $8,460 | — | — | $8,460 | $1,621 | 19.157% |
| 2013 (FY 2013/14) | $7,986 | — | — | $7,986 | $1,533 | 19.191% |
| 2012 (FY 2012/13) | $7,538 | — | — | $7,538 | $1,400 | 18.569% |
| 2011 (FY 2011/12) | $7,114 | — | — | $7,114 | $1,295 | 18.205% |
| 2010 (FY 2010/11) | $7,111 | — | — | $7,111 | $1,235 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3032140038. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 487 HART Street

487 HART Street, Brooklyn, NY 11221

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1901
- **Total Units**: 1
- **Floors**: 2

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/487-hart-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/487-hart-street-ny-11221) | 6 | 3 | 1,680 sqft | $767 | $1,288,700 (+3.1%) | Corcoran Group | Apr 4, 2026 | 161 days |

## Estimated Monthly Payment

**$6,928 / month**, assuming a 20% down payment ($257,740), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,516
- **Property Taxes**: $412

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Bushwick

Overview of Bushwick

[Explore Bushwick](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Bushwick

- [Ridgewood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/ridgewood)
- [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg)
- [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights)
- [Glendale real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/glendale)
- [Cypress Hills real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cypress-hills)

## Related Links

- [487 HART Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/487-hart-street)
- [Bushwick neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bushwick)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
