138 Pierrepont Street, Brooklyn
Condominium · 13 units · built c. 1916 · Block 244, Lot 7502.
Building permits
- Alteration, filed May 27, 2026, estimated cost $510K, described as “Facade remediation as shown on plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 5, 2025, estimated cost $2K, described as “Installation of a temporary shanty per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Sep 10, 2025, estimated cost $75K, described as “Filing herewith for Chimney extension as per plans submitted herewith. No change in egress, use or occupancy.”
- Alteration, filed Aug 29, 2025, estimated cost $34K, described as “Installation of a temporarily supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 30, 2025, estimated cost $67K, described as “Partial interior renovation of existing unit 3B at 3rd floor. New interior partitions to create new sleeping unit, new lighting, electrical outlets and millwork in selected locations. No change in use, egress, or occupancy.”
- Alteration, filed Jan 16, 2025, estimated cost $895K, described as “Minor interior renovation for Chase Bank. No change to use, egress or occupancy.”
- Alteration, filed Sep 28, 2023, estimated cost $2.2M, described as “Remove/replace interior wall faux marble panels. Rout & point interior faux marble pabnel joints. Rout & seal interior water tables. Cleaning of existing panels. No change in use, occupancy or egress.”
- Alteration, filed Jul 11, 2023, estimated cost $14K, described as “Installation of a temporarily heavy-duty sidewalk per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 22, 2022, estimated cost $1K, described as “Installation of heavy duty sidewalk shed as per plans filed herewith. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $7,393,950
- 2026–27 tax
- $721,640
- Market value (city estimate)
- $16,431,002
- Taxable value
- $6,553,887
- Assessed land
- $1,413,000
- Assessed improvements
- $5,980,950
- Condo units with their own tax lots
- 14
Tax breaks
- Nonprofit exemption (faculty and student housing), with no end date, about $63,121 a year below the full tax.
- Co-op and condo abatement, with no end date, a $61,696 credit this tax year.
Zoning
C5-2A: floor area ratio 3.70 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 18, 2025: $4,100,000, Apt 5K
- Jun 12, 2025: $4,150,000, Apt 5I
- Sep 23, 2024: $4,090,000, Apt 4F
- May 23, 2024: $3,950,000, Apt 5H
- May 10, 2024: $4,050,000, Apt 6L
- May 26, 2023: $3,031,125, Apt 2A
- Jul 16, 2021: $661,863, Apt 6M
- Jul 12, 2021: $2,240,150, Apt 3B
- Jul 13, 2017: $3,920,262, Apt 6L
- Dec 8, 2016: $3,105,662
The 10 most recent of 18 open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Brooklyn Trust Company (now Chemical Bank) Building: Individual Landmark, Brooklyn Trust Company Building (Interior Landmark). 13 Landmarks Preservation Commission permits are on file.
Board and land use applications
- BKLYN TRUST CO BLDG (INTERIOR) (City Planning P1997K0003): Completed, decided Oct 1, 1996. LANDMARK SITE - LP1906 (1ST FLR INTERIOR) NOW CHEMICAL BANK
In the news
LPC Reviewing Renovation Proposal For 177 Montague Street In Brooklyn Heights, Brooklyn, New York YIMBY, Dec 1, 2024.