205 Montague Street, Brooklyn
Commercial · built 1962 · Block 244, Lot 1.
Building permits
- New Building — High-Rise, filed Mar 18, 2024, 136 units, 51 stories, early work permitted while the building plans are in review, described as “51-story mixed use new building”
- Alteration, filed Sep 28, 2026, estimated cost $2K, described as “Construction fence as per drawings. Fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Dot permits by others for fence installed on sidewalk/roadway.”
- Alteration, filed Sep 15, 2026, estimated cost $5K, described as “Installation and use of temporary knuckleboom construction equipment as per plans filed herewith.”
- Alteration, filed Sep 14, 2026, estimated cost $5K, described as “Installation and use of temporary telehandler construction equipment as per plans filed herewith.”
- Alteration, filed Mar 2, 2026, estimated cost $34K, described as “Proposed to remove standpipe and sprinkler system prior to demolition, in conjunction with full demolition Job # B01184678. No change to use egress or occupancy under this application”
- Alteration, filed Jan 29, 2026, estimated cost $1K, described as “Installation of temporary shoring as per plans. No change in use, egress or occupancy shall comply with CHAPTER#33 of 2022 the ny building code.”
- Alteration, filed Jan 14, 2026, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jan 13, 2026, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed and pipe scaffold as per plans. No change in use, egress or occupancy.sidewalk shed shall comply with chapter #33 of 2022 the NYC building code.live load 300PSF.”
- Alteration, filed Dec 29, 2025, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed and pipe scaffold as per plans. No change in use, egress or occupancy.sidewalk shed shall comply with chapter #33 of 2022 the NYC building code.live load 300PSF.”
- Demolition, filed Sep 30, 2025, estimated cost $1.5M, described as “Full demolition to a five story building”
- Alteration, filed Apr 25, 2025, estimated cost $1K, described as “Installation and use of temporary construction fence as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 2, 2025, estimated cost $40K, described as “Repair of facia panels to include re-caulking on all exposures, re-attachment of damaged/cracked limestone panels as shown on plan drawings herein.”
- Alteration, filed Oct 29, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Sep 27, 2021, estimated cost $360K, described as “Application filed for interior tenant fit-out including removal of non-structural partitions and installation of interior partitions and finishes.”
- Alteration, filed Aug 25, 2021, estimated cost $503K, described as “Non-structural interior demolition”
Property taxes
- Assessment
- $9,045,900
- 2026–27 tax
- $981,299
- Market value (city estimate)
- $20,102,000
- Taxable value
- $9,045,900
- Assessed land
- $2,313,000
- Assessed improvements
- $6,732,900
Zoning
C6-4: floor area ratio 3.95 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 9, 2025: $140,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Demolition Complete for 47-Story Skyscraper at 205 Montague Street in Brooklyn Heights, New York YIMBY, Jun 29, 2026.