# 370 4th Avenue, Brooklyn

Hotel · built 2006 · Block 980, Lot 75.

On Umarelli: https://umarelli.org/nyc/3009800075/370-4-avenue

More construction in Gowanus: https://umarelli.org/nyc/brooklyn/gowanus.md

Every lot on block 980: https://umarelli.org/nyc/brooklyn/980.md

## Building permits

- Alteration, filed Apr 7, 2023, estimated cost $1K, described as “Partial demolition of existing independent exterior CMU masonry wall.”

## Property taxes

- Assessment: $3,210,750
- 2026–27 tax: $53,698
- Market value (city estimate): $7,135,000
- Taxable value: $495,000
- Assessed land: $495,000
- Assessed improvements: $2,715,750

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2033, about $294,605 a year below the full tax.

## Zoning

M1-4 (part of the lot is C4-4D): floor area ratio 2.02 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.

## Board and land use applications

- Gowanus Neighborhood Plan (City Planning 2018K0382): Zoning map change, Zoning text change, City map change, Urban development action area, Completed, decided Dec 6, 2021. The Gowanus Neighborhood Plan is a shared, long-term vision for a thriving neighborhood. It looks to identify strategies for an equitable, resilient and sustainable Gowanus, with more local jobs and housing. The Plan supports community…

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