# 702 5th Avenue, Brooklyn

Two-family with store · built c. 1930 · Block 643, Lot 42.

On Umarelli: https://umarelli.org/nyc/3006430042/702-5-avenue

More construction in Sunset Park: https://umarelli.org/nyc/brooklyn/sunset-park.md

Every lot on block 643: https://umarelli.org/nyc/brooklyn/643.md

## Building permits

- Alteration, filed Aug 11, 2022, estimated cost $1K, described as “Install exterior illuminated wall sign (winter wolf tech cooling & heating service)”
- Alteration, filed Jun 1, 2022, estimated cost $30K, described as “Installation of electric split HVAC system filed in conjunction with gen construct job # B00577228. No change in egress, use or occupancy.”
- Alteration, filed Mar 21, 2022, estimated cost $13K, described as “Obtain boiler permit and register same with boiler division. Filed in conjunction with plumbing job # B00577333. No change in egress, use or occupancy.”
- Alteration, filed Dec 16, 2021, 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 the NYC building code. Live load 300 psf”
- Alteration, filed Sep 21, 2021, estimated cost $23K, described as “Plumbing work in connection with kitchens & bathrooms renovations at 2ND fl & 3RD fl apartments. Relocate existing bathroom at 1ST floor. New boiler room at cellar. No change in egress, use or occupancy.”
- Alteration, filed Sep 21, 2021, estimated cost $176K, described as “Renovate 2ND & 3RD fl apartments and partition changes as per plans. Relocate exist bathroom & partition changes at 1ST fl. New boiler room at cellar. Also new windows at front & new balconies at rear of structure. No change in egress, use…”

## Property taxes

- Assessment: $114,240
- 2026–27 tax: $9,530
- Market value (city estimate): $1,904,000
- Taxable value: $48,029
- Assessed land: $12,240
- Assessed improvements: $102,000

## Zoning

R6A: floor area ratio 1.67 built, 3.00 allowed by base zoning.

## Recent sales

- Jan 7, 2021: $1,575,000

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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