# 50 Nevins Street, Brooklyn

Condominium · 129 units · built c. 1926 · Block 172, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3001727501/50-nevins-street

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

## Building permits

- Alteration, filed Aug 11, 2023, estimated cost $3K, described as “Erect illuminated, accessory business channel letter sign with raceway on the existing storefront marquee structure, alt 1 #320912367, no change to use, egress or occupation”
- Alteration, filed May 26, 2023, estimated cost $650K, described as “Application filed for tenant buildout for a new fine/fast-casual restaurant with dine-in and take-away services”
- Alteration, filed Jun 17, 2021, estimated cost $1K, described as “Installation of sidewalk shed for pedestrian safety during construction. Sidewalk shed shall comply with nycc 2014 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Jun 16, 2021, estimated cost $1K, described as “Installation of support scaffold in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed May 18, 2021, estimated cost $9K, described as “Install Boilers as per plans filed. No change to use egress or occupancy. Filed in conjunction with Alt 1 #320912367.”
- Alteration, filed Aug 26, 2019, estimated cost $26K, described as “Install temporary standpipe during demolition activities. No change to use, egress, or occupancy. Filed in conjunction with Alt 1 #320912367.”
- Alteration, filed Apr 8, 2019, estimated cost $1K, described as “Installation of sidewalk shed, construction fence, and stair towers in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Apr 5, 2019, estimated cost $1K, described as “Installation of support scaffold in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Feb 11, 2019, estimated cost $6K, described as “Installation of Construction fence as per drawing.”

## Property taxes

- Assessment: $10,085,850
- 2026–27 tax: $52,822
- Market value (city estimate): $22,413,000
- Taxable value: $1,057,621
- Assessed land: $904,500
- Assessed improvements: $9,181,350
- Condo units with their own tax lots: 2

## Tax breaks

- 420-c exemption, through Jun 30, 2059, about $1,121,562 a year below the full tax.

## Zoning

C6-4 (part of the lot is R6B): floor area ratio 8.62 built, 10.00 allowed by base zoning.

## Flood zone

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

## In the news

[Developers, City Officials Celebrate Opening of Nevins Street Apartments at 50 Nevins Street in Downtown Brooklyn](https://newyorkyimby.com/2022/05/developers-city-officials-celebrate-opening-of-nevins-street-apartments-at-50-nevins-street-in-downtown-brooklyn.html), New York YIMBY, May 12, 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