# 740 5th Avenue, Brooklyn

Commercial · built 1960 · Block 652, Lot 39.

On Umarelli: https://umarelli.org/nyc/3006520039/740-5-avenue

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

Every lot on block 652: https://umarelli.org/nyc/brooklyn/652.md

## Building permits

- No Work, filed Sep 30, 2019
- Alteration, filed Aug 22, 2019, estimated cost $5K, described as “Application is filed to obtain equipment use permit cards for mechanical condensing units on dunnage located on the high-level roof of the1st floor.”

## Property taxes

- Assessment: $382,050
- 2026–27 tax: $31,408
- Market value (city estimate): $849,000
- Taxable value: $289,530
- Assessed land: $180,450
- Assessed improvements: $201,600

## Zoning

M1-1D: floor area ratio 0.22 built, 1.50 allowed by base zoning.

## Recent sales

- Jan 24, 2018: $2,700,000

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

## Flood zone

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

## Board and land use applications

- Brooklyn CD 7 Walk to Park Site Selection/Acq. (City Planning 2025K0318): Noticed. The Department of Parks and Recreation (DPR), along with co-applicant the Department of Citywide Administrative Services (DCAS), seeks approval for the acquisition and site selection (PC) of privately-owned properties for future park…

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