# 142 Richards Street, Brooklyn

Apartment building · 17 units · built 2020 · Block 556, Lot 24.

On Umarelli: https://umarelli.org/nyc/3005560024/142-richards-street

More construction in Red Hook: https://umarelli.org/nyc/brooklyn/red-hook.md

## Building permits

- Alteration, filed Oct 18, 2021, estimated cost $20K, described as “Installation of pipe scaffolding”
- Alteration, filed Apr 4, 2021, described as “Installation of pipe scaffolding.”
- Alteration, filed Jul 23, 2020, estimated cost $1K, described as “Installation of fence permit in conjunction with NB # 321385103”
- Alteration, filed Apr 17, 2019, estimated cost $300, described as “Installation of new curb cut in conjunction with NB # 321385103.”

## Property taxes

- Assessment: $1,535,850
- 2026–27 tax: $5,774
- Market value (city estimate): $3,413,000
- Taxable value: $46,418
- Assessed land: $517,500
- Assessed improvements: $1,018,350

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $185,270 a year below the full tax.

## Zoning

R5: floor area ratio 1.55 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29).

## In the news

[Housing Lottery Units Still Available at 142 Richards Street in Red Hook, Brooklyn](https://newyorkyimby.com/2023/08/housing-lottery-units-still-available-at-142-richards-street-in-red-hook-brooklyn.html), New York YIMBY, Aug 9, 2023.

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