# 279 1st Street, Brooklyn

Co-op · 12 units · built c. 1921 · Block 964, Lot 57.

On Umarelli: https://umarelli.org/nyc/3009640057/279-1-street

More construction in Park Slope: https://umarelli.org/nyc/brooklyn/park-slope.md

Every lot on block 964: https://umarelli.org/nyc/brooklyn/964.md

## Building permits

- Alteration, filed Oct 18, 2021, estimated cost $39K, described as “Replace boiler and oil burner. Register oil fired water heater.”
- Alteration, filed Oct 18, 2021, estimated cost $2K, described as “File water piping for oil fired hot water heater.”

## Property taxes

- Assessment: $884,250
- 2026–27 tax: $89,482
- Market value (city estimate): $1,965,000
- Taxable value: $785,340
- Assessed land: $27,900
- Assessed improvements: $856,350

## Tax breaks

- Co-op and condo abatement, with no end date, a $8,207 credit this tax year.

## Zoning

R6B: floor area ratio 2.86 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 26, 2025: $985,000
- May 23, 2025: $970,000
- May 21, 2025: $745,000
- Jun 20, 2024: $777,000
- Feb 8, 2024: $710,000
- Jan 12, 2024: $850,000
- Mar 24, 2023: $1,300,000
- Feb 15, 2023: $690,000
- Jan 4, 2023: $20,000
- Feb 17, 2022: $675,000

The 10 most recent of 18 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