# 500 3rd Avenue, Brooklyn

Vacant land · Block 1020, Lot 35.

On Umarelli: https://umarelli.org/nyc/3010200035/500-3-avenue

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

## Building permits

- New Building — Large Residential, filed Dec 5, 2025, 50 units, 6 stories, described as “Erect six story and cellar mixed use new building.”
- Alteration, filed Aug 27, 2024, estimated cost $234K, described as “Installation of mechanical system for entire building with AL1 B00984817. No change in use, egress or occupacny.”
- Alteration, filed Aug 27, 2024, estimated cost $35K, described as “File soe application in conjunction with B00984817.”
- Alteration, filed Aug 16, 2024, estimated cost $147K, described as “Installation of plumbing for entire building in conjunction application # B00984817. No change in use, egress or occupancy.”
- Alteration, filed Aug 13, 2024, estimated cost $240K, described as “Installation of sprinkler for entire building in conjunction with application # B00984817. No change in use, egress or occupancy.”
- Alteration, filed Sep 6, 2023, estimated cost $5K, described as “Installation of sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the NYC code 2022. No use in egress or occupancy under this application.”
- Alteration, filed Aug 23, 2023, estimated cost $5K, described as “Construction fence filed in conjunction with demolition application #B00911826-I1”
- Demolition, filed Aug 1, 2023, estimated cost $50K, described as “Full demolition of 3 story building with cellar”
- Alteration, filed Oct 27, 2021, estimated cost $5K, described as “Install a non-illuminated advertising sign. No change in use, egress or occupancy”
- Alteration, filed Oct 27, 2021, estimated cost $5K, described as “To install a sign structure for a non-illuminated advertising sign. No change in use, egress or occupancy”
- Alteration, filed Apr 17, 2019, estimated cost $7K, described as “To install a non illuminated wall advertising sign, structure filed under another application. No change in use egress or occupancy”

## Property taxes

- Assessment: $300,150
- 2026–27 tax: $25,507
- Market value (city estimate): $667,000
- Taxable value: $235,128
- Assessed land: $300,150

## Zoning

C4-4A: floor area ratio 0.00 built, 4.00 allowed by base zoning.

## Recent sales

- Mar 31, 2022: $1,950,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 506 Third Avenue (City Planning 2019K0158): Zoning map change, Zoning text change, Completed, filed Oct 5, 2020, decided Dec 21, 2021. This is a private application by PAB 3rd Ave Holdings LLC requesting a zoning map amendment from M2-1 to C4-4A and a zoning text amendment to map a Mandatory Inclusionary Housing (MIH) area pursuant to Appendix F of the Zoning Resolution…

## In the news

[Permits Filed for 500 3rd Avenue in Gowanus, Brooklyn](https://newyorkyimby.com/2025/12/permits-filed-for-500-3rd-avenue-in-gowanus-brooklyn.html), New York YIMBY, Dec 8, 2025.

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