205 State Street, Brooklyn
Apartment building · 239 units · built 2003 · Block 271, Lot 1.
Building permits
- Alteration, filed Dec 30, 2025, estimated cost $33K, described as “Install one new multi-zone ductless air cooled split ac system to serve the gym area. No change in use, egress or occupancy.”
- Alteration, filed Oct 7, 2025, estimated cost $60K, described as “Interior renovation of existing amenity space. New non-load bearing interior partitions with door and frames per plans. no change in use, egress or occupancy.”
- Alteration, filed Apr 2, 2024, estimated cost $401K, described as “Brooklyn law School Parking Garage repairs as per the plans filed including: Cellar/Sub-cellar parking garage concrete spall and crack repairs at floor, ceiling and walls, and floor traffic coating replacement.”
- Alteration, filed Jan 10, 2024, estimated cost $60K, described as “Install five (5) horizontal air-cooled indoor packaged air conditioning units as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 31, 2023, estimated cost $10K, described as “Installation of temporary hoist 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 Jan 23, 2023, estimated cost $174K, described as “Installation of rooftop packaged heat pump units as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 20, 2023, estimated cost $5K, described as “Cap Gasline at first floor and 20th floor roof as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 17, 2022, estimated cost $56K, described as “Installation of Heating and Air Conditioning units at the first floor interior and second floor roof with related piping and duct work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jul 9, 2021, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 9, 2021, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Apr 28, 2021, estimated cost $64K, described as “Fisp C8 work includes select brick masonry and balcony repairs as shown on drawings and as specified. No change to use, egress, or occupancy.”
Property taxes
- Assessment
- $22,929,300
- 2026–27 tax
- $186,247
- Market value (city estimate)
- $50,954,000
- Taxable value
- $1,497,283
- Assessed land
- $1,008,000
- Assessed improvements
- $21,921,300
Tax breaks
- Nonprofit exemption (college or university), with no end date, about $2,665,929 a year below the full tax.
Zoning
C5-4: floor area ratio 10.19 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
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, filed Oct 6, 2026. 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…
- Variance or special permit (Board of Standards and Appeals 46-02-BZ): Variance or special permit, Granted, filed Feb 8, 2002, decided Aug 13, 2002. Variance (§72-21) to permit, in a C5-4 zoning district, within the Special Downtown Brooklyn District the proposed erection of a twenty-story, 365 bed, dormitory building (Use Group 3) which is contrary to the setback and lot coverage…
- BOERUM PLACE REZONING (City Planning P2002K0384): Completed. 02DCP026K: ZONING MAP AMEDMENT FOR AN EXTENSION OF A C5-4 ZONING DISTRI CT INTO AN AREA THAT IS NOW ZONED C6-2A AND C5-2A WITHIN THE SPECIAL DOWNTOWN BROOKLYN DISTRICT
- BKLYN LAW SCHOOL (City Planning P2002K0065): Completed, decided Jul 29, 2002. 02DCP041K: ZONING MAP AMENDMENT IS PROPOSED FOR AN EXTENSION OF A C5-4 INTO AN NOW ZONED C6-2A AND C5-2A WITHIN THE SPECIAL DOWNTOW N BROOKLYN DISTRICT