# 85 Jay Street, Brooklyn

Condominium · 727 units · built 2018 · Block 54, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3000547501/85-jay-street

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

## Building permits

- Alteration, filed Aug 25, 2026, described as “IRA to assist with Condition Assessment”
- Alteration, filed Jun 22, 2026, estimated cost $21K, described as “Mechanical work on the 1ST floor tenant retrofit”
- Alteration, filed Apr 29, 2026, estimated cost $30K, described as “Plumbing work in tenant retrofit”
- Alteration, filed Apr 29, 2026, estimated cost $25K, described as “Interior renovation of tenant retrofit.”
- Alteration, filed Aug 15, 2025, estimated cost $136K, described as “Alteration of an existing two bedroom apartment. New non-structural partitions, and interior finishes. No change to exterior or windows of building. No change in number of bedrooms.”
- Alteration, filed Aug 13, 2025, estimated cost $113K, described as “Renovation of apartment # 3F at the third floor. work includes non-structural demolition and general construction as per plans filed herewith.”
- Alteration, filed Jul 8, 2025, estimated cost $900, described as “Erect accessory business wall sign for naya. No change in use, egress or occupancy.”
- Alteration, filed Mar 3, 2025, estimated cost $100K, described as “Mechanical work associated with tenant-fit-out renovations, including commercial kitchen cooking equipment, exhaust system including hood, make-up air fan, exhaust fan, diffusers/grilles as per plans filed herewith. No change in use,…”
- Alteration, filed Feb 24, 2025, estimated cost $300, described as “Illuminated non-advertising double-face projecting accessory sign - petits poussins dumbo. No change of use, egress or occupancy.”
- Alteration, filed Jan 7, 2025, estimated cost $10K, described as “Sprinkler work for interior tenant fit out renovations of commercial space on 1ST floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 7, 2025, estimated cost $75K, described as “Plumbing work for interior tenant fit out renovations of commercial space on 1ST floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 6, 2025, estimated cost $250K, described as “General construction for interior tenant fit out renovations of commercial space on 1ST floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Aug 21, 2024, estimated cost $5K, described as “Installation of non illuminated sign as per plans filed herewith , No change to use, egress or occupancy.”
- Alteration, filed Jul 16, 2024, estimated cost $2K, described as “Installation of an illuminated business accessory sign. No change in use, egress or occupancy.”
- Alteration, filed Apr 12, 2024, estimated cost $21K, described as “Install raised platform as per plan. No change in use, egress, occupancy.”
- Alteration, filed Mar 9, 2024, estimated cost $10K, described as “Proposed sprinkler work took place at partial 1st floor as per plans filed. No change in use, bulk, egress or occupancy.”
- Alteration, filed Mar 7, 2024, estimated cost $100K, described as “Proposed interior renovation for commercial space on partial 1st floor (Retail G) of an existing mixed-use building as per plan. No change in use, egress, or occupancy.”
- Alteration, filed Jan 5, 2024, estimated cost $10K, described as “Installation of sprinkler heads as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Dec 21, 2023, estimated cost $173K, described as “General Construction consisting of partitions and finishes including installation of mechanical equipment as per plans filed herewith . No change to use, egress or occupancy.”
- Alteration, filed Jan 31, 2023, estimated cost $200K, described as “Interior renovation of an existing retail space. No change in use, egress and occupancy.”
- Alteration, filed Jan 31, 2023, estimated cost $80K, described as “Mechanical application filed in conjunction with GC application to renovate retail space”
- Alteration, filed Jan 31, 2023, estimated cost $110K, described as “Plumbing and Sprinkler works filed in conjunction with GC application to renovate an existing retail space”
- Alteration, filed Dec 22, 2022, estimated cost $48K, described as “Renovation of Apartment 9E. Minor partitions and suspended ceiling. No change of use, egress, or occupancy under this application.”
- Alteration, filed Nov 9, 2022, estimated cost $2K, described as “Install interior illuminated window sign (cvs pharmacy)”
- Alteration, filed Nov 9, 2022, described as “Install exterior illuminated blade sign on wall (cvs pharmacy)”

61 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/3000547501/85-jay-street.

## Property taxes

- Assessment: $183,902,368
- 2026–27 tax: $15,818,285
- Market value (city estimate): $408,672,006
- Taxable value: $164,826,261
- Assessed land: $8,564,853
- Assessed improvements: $175,337,515
- Condo units with their own tax lots: 411

## Tax breaks

- Co-op and condo abatement, with no end date, a $775,906 credit this tax year.

## Zoning

M1-2/R8: floor area ratio 7.80 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 24, 2026: $1,325,000, Apt 11C
- Sep 23, 2026: $2,900,000, Apt 11E
- Sep 14, 2026: $1,625,000, Apt 2B
- Sep 14, 2026: $2,710,000, Apt 7L
- Sep 8, 2026: $1,499,000, Apt 3F
- Aug 31, 2026: $2,035,000, Apt 4D
- Aug 31, 2026: $2,725,000, Apt 7E
- Aug 28, 2026: $1,505,000, Apt 4F
- Aug 26, 2026: $1,565,000, Apt 6A
- Aug 24, 2026: $1,210,000, Apt 4G

The 10 most recent of 342 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## Board and land use applications

- Variance or special permit (Board of Standards and Appeals 2020-72-BZ): Variance or special permit, Granted, filed Sep 11, 2020, decided Mar 22, 2021. Special Permit (§73-36) to permit the operation of a physical cultural establishment (Life Time) located in the cellar, ground and mezzanine floors of an existing building contrary to ZR §42-10. M1-2/R8 (MX-2) zoning district.

## In the news

[Magnolia DUMBO Celebrates Grand Opening at 160 Front Street In DUMBO, Brooklyn](https://newyorkyimby.com/2022/07/magnolia-dumbo-celebrates-grand-opening-at-160-front-street-in-dumbo-brooklyn.html), New York YIMBY, Jul 8, 2022.

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