498 Fulton Street

498 Fulton Street has about 180,000 square feet of floor area in total, including 68,000 square feet of office and 49,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1920 as the year built, with a major alteration recorded in 2005. The building is 7 floors tall.

City records list 1-17 Bond Street, 498-506 Fulton Street and 16-20 Hanover Place on the same tax lot (BBL 3001600007) as 498 Fulton Street. A space listed on Leasemark at any of these addresses shows up on this page.

498 Fulton Street is in ZIP code 11201, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 498 Fulton Street, Brooklyn, NY 11201, in Downtown Brooklyn.

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.15 and a maximum commercial FAR of 10 for this lot.

The closest subway station to 498 Fulton Street is DeKalb Av (the B, Q and R trains), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: Hoyt-Schermerhorn Sts (the A, C and G trains), 2 min walk; Nevins St (the 2, 3, 4 and 5 trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists J W MAYS INC as the owner of record of 498 Fulton Street (BBL 3001600007). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 498 Fulton Street. One public company reports the address as its principal executive office: MAYS J W INC (MAYS). Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

498 Fulton Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 55.7 kBtu per square foot, 33% above the national median of 42 for a similar property. Its greenhouse gas emissions were about 1,908 metric tons of CO2e (5.08 kg per square foot). The filing covers 4 tax lots together, so these figures are for the whole property.

At its 2024 energy use, 498 Fulton Street comes to about 1,517 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,452 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 821 tons and the same energy use counts as about 975 tons, about 153 tons over, or an estimated $41,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 498 Fulton Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 4). The newest build-out, on floor 1, was first permitted in July 2025 (construction, mechanical, plumbing; filed cost estimate $87,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3001600007. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $17.8 million for 498 Fulton Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.93 million a year, roughly $10.73 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3001600007 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 498 Fulton Street at $41.9 million ($3.93 million of it land) and its assessed value at $18.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($36.2 million) to 2026/27.

Owners registered 6 storefronts at 498 Fulton Street for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 498 Fulton Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.