# 755 5th Avenue, Brooklyn

Industrial · built 1985 · Block 655, Lot 36.

On Umarelli: https://umarelli.org/nyc/3006550036/755-5-avenue

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

Every lot on block 655: https://umarelli.org/nyc/brooklyn/655.md

## Building permits

- Alteration, filed Jun 21, 2024, estimated cost $37K, described as “Provide new steel dunnage support on roof for new a/c units. Install new heat pump system a/c units on roof and indoor air handlers as shown for existing commercial space on ground floor of existing one sotry building.”

## Property taxes

- Assessment: $293,850
- 2026–27 tax: $22,779
- Market value (city estimate): $653,000
- Taxable value: $209,982
- Assessed land: $60,750
- Assessed improvements: $233,100

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2035, about $7,271 a year below the full tax.

## Zoning

M1-1D: floor area ratio 1.11 built, 1.50 allowed by base zoning.

## 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