240 Nassau Street, Brooklyn
Community center · built 1975 · Block 110, Lot 25.
Building permits
- Alteration, filed Oct 23, 2024, estimated cost $210K, described as “Replacement of 2 units on the roof with a capacity of 60 tons. No change to egress, use, or occupancy.”
Property taxes
- Assessment
- $2,489,850
- 2026–27 tax
- $256,860
- Market value (city estimate)
- $5,533,000
- Taxable value
- $2,367,810
- Assessed land
- $308,250
- Assessed improvements
- $2,181,600
Zoning
R6: floor area ratio 0.99 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 16, 2023: $15,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 240 Nassau Street (City Planning 2026K0233): Zoning map change, Zoning text change, Special permit, In Public Review. A zoning map amendment (R6 to C6-12), text amendment (to modify ZR 74-752 and amend Appendix F), and a special permit (ZR 74-752) to facilitate a new 1.4M SF mixed-use development with 1,502 units (302 permanently affordable),132k of…
In the news
Four-Building 240 Nassau Street Complex to Begin ULURP Process Next Month in Vinegar Hill, Brooklyn, New York YIMBY, Jun 27, 2026.