# 437 2nd Street, Brooklyn

Co-op · 4 units · built c. 1920 · Block 971, Lot 79.

On Umarelli: https://umarelli.org/nyc/3009710079/437-2-street

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

Every lot on block 971: https://umarelli.org/nyc/brooklyn/971.md

## Building permits

- Alteration, filed Jul 21, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code no change in use, egress or occupancy under this application.”
- Alteration, filed Jun 23, 2021, estimated cost $15K, described as “Install new split a/c at APARTMENT#3 and APARTMENT#4 at existing 4 story multi-family walk-up building. No change in use, egress or certificate of occupancy.”

## Property taxes

- Assessment: $1,111,050
- 2026–27 tax: $22,783
- Market value (city estimate): $2,469,000
- Taxable value: $236,328
- Assessed land: $11,250
- Assessed improvements: $1,099,800

## Tax breaks

- Co-op and condo abatement, with no end date, a $6,614 credit this tax year.

## Zoning

R6B: floor area ratio 2.52 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 7, 2020: $1,525,000, Apt 3
- Nov 1, 2019: $1,750,000
- Jul 14, 2017: $1,407,800

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