425 3rd Street, Brooklyn
Condominium · 4 units · built c. 1921 · Block 975, Lot 7502.
Building permits
- Alteration, filed Mar 4, 2020, estimated cost $22K, described as “Renovation of kitchen, bathroom and laundry room on 2nd floor and removal of a boiler and hot water heater in cellar No change, egress or occupancy under this application.”
Property taxes
- Assessment
- $1,335,150
- 2026–27 tax
- $19,208
- Market value (city estimate)
- $2,967,000
- Taxable value
- $154,414
- Assessed land
- $54,000
- Assessed improvements
- $1,281,150
- Condo units with their own tax lots
- 4
Zoning
R6B: floor area ratio 2.50 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.
Recent sales
- Jun 23, 2022: $1,640,000, Apt 4
- Jun 25, 2020: $2,230,000, Apt 1
Open-market sales since 2016, from the Department of Finance’s sales files.