# 124 2nd Street, Brooklyn

Two-family · built c. 1910 · Block 462, Lot 3.

On Umarelli: https://umarelli.org/nyc/3004620003/124-2-street

More construction in Gowanus: https://umarelli.org/nyc/brooklyn/gowanus.md

## Building permits

- New Building — Multi-Family, filed Oct 20, 2026, 7 units, 6 stories, described as “Proposed 6 story and penthouse residential new building”
- Demolition, filed Aug 11, 2026, estimated cost $50K, described as “Full demolition of 3 story corner 2 family house”
- Alteration, filed Aug 7, 2026, estimated cost $1K, described as “Installation and use of temporary construction fence as per plans filed herewith. No change to use, egress or occupancy under this application.”

## Property taxes

- Assessment: $202,800
- 2026–27 tax: $5,221
- Market value (city estimate): $3,380,000
- Taxable value: $26,309
- Assessed land: $25,140
- Assessed improvements: $177,660

## Zoning

M1-4/R7-2: floor area ratio 1.50 built, 3.44 allowed by base zoning.

## Recent sales

- Jun 23, 2026: $2,015,000, 2,400 sq ft ($840 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NAVD88).

## Board and land use applications

- Gowanus Neighborhood Plan (City Planning 2018K0382): Zoning map change, Zoning text change, City map change, Urban development action area, Completed, decided Dec 6, 2021. The Gowanus Neighborhood Plan is a shared, long-term vision for a thriving neighborhood. It looks to identify strategies for an equitable, resilient and sustainable Gowanus, with more local jobs and housing. The Plan supports community…

## In the news

[Permits Filed for 124 2nd Street in Gowanus, Brooklyn](https://newyorkyimby.com/2026/10/permits-filed-for-124-2nd-street-in-gowanus-brooklyn.html), New York YIMBY, Oct 24, 2026.

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