297 1st Street, Brooklyn
Apartment building · 20 units · built 1991 · Block 964, Lot 47.
Building permits
- Alteration, filed Jun 30, 2026, estimated cost $45K, described as “Filing for sidewalk shed/ overhead protection and scaffolding”
- Alteration, filed Aug 18, 2022, estimated cost $10K, described as “Gas piping for a boiler replacement, a boiler installation, boiler removal and installation of indirect water heater.”
- Alteration, filed Aug 17, 2022, estimated cost $20K, described as “Replacement of one (1) gas fired hot water boiler.”
- Alteration, filed Aug 17, 2022, estimated cost $20K, described as “Install one (1) gas-fired hot water boiler.”
Property taxes
- Assessment
- $2,947,500
- Market value (city estimate)
- $6,550,000
- Taxable value
- $0
- Assessed land
- $155,250
- Assessed improvements
- $2,792,250
Tax breaks
- Nonprofit exemption (mental or moral improvement), with no end date, about $366,640 a year below the full tax.
Zoning
R6B: floor area ratio 3.40 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.