# 48 Hoyt Street, Brooklyn

Two-family with store · built c. 1920 · Block 164, Lot 40.

On Umarelli: https://umarelli.org/nyc/3001640040/48-hoyt-street

More construction in Downtown Brooklyn: https://umarelli.org/nyc/brooklyn/downtown-brooklyn.md

## Building permits

- New Building — Tower, filed Dec 5, 2024, 99 units, 24 stories, described as “New 23 stories with cellar mixed use commercial/residential building to be constructed on the single zoning lot with 40 Hoyt Street and 50 Hoyt Street to remain no work.”
- Demolition, filed Aug 19, 2025, estimated cost $75K, described as “Full demolition to a three story building”

## Property taxes

- Assessment: $252,120
- 2026–27 tax: $15,387
- Market value (city estimate): $4,202,000
- Taxable value: $77,544
- Assessed land: $27,180
- Assessed improvements: $224,940

## Zoning

C6-4: floor area ratio 2.20 built, 10.00 allowed by base zoning.

## Flood zone

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

## Board and land use applications

- Proposed Extension of the Downtown Brooklyn BID (City Planning 2027K0210): Business improvement district, In Public Review. An action to facilitate a merger of 2 Business Improvement Districts (BID) and 1 Special Assessment District (SAD). The merger of the MetroTech Area BID, Court-Livingston-Schermerhorn BID and Fulton Mall SAD in Downtown Brooklyn, Community…

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