# 304 Water Street, Brooklyn

Mixed use · 6 units · built c. 1920 · Block 43, Lot 20.

On Umarelli: https://umarelli.org/nyc/3000430020/304-water-street

More construction in Dumbo: https://umarelli.org/nyc/brooklyn/dumbo.md

## Building permits

- Alteration, filed May 9, 2023, estimated cost $10K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Nov 11, 2022, estimated cost $2K, described as “Fence application hereby being filed in conjunction to alt-co-NBB08007017-I1”
- Major Renovation — Enlargement, filed Sep 20, 2022, estimated cost $112K, 5 units added, 4 stories, described as “Alteration type 1 hereby filed for veritcal enlargment to existing 2 story, proposed 4 story + penthouse.”

## Property taxes

- Assessment: $1,135,800
- 2026–27 tax: $66,441
- Market value (city estimate): $2,524,000
- Taxable value: $534,131
- Assessed land: $92,700
- Assessed improvements: $1,043,100

## Zoning

R6B: floor area ratio 4.01 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 29, 2022: $1,850,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[304 Water Street’s Expansion Tops Out in Vinegar Hill, Brooklyn](https://newyorkyimby.com/2023/08/304-water-streets-expansion-tops-out-in-vinegar-hill-brooklyn.html), New York YIMBY, Aug 1, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology