527 Grand Avenue, Brooklyn

Apartment building · 46 units · built 2023 · Block 1133, Lot 7.

Building permits

New Building — Multi-Family, filed Dec 10, 2021, 46 units, 9 stories, described as “HPD job - 9 story & cellar residential building total of 46 dwelling units of which 11 are low income units”
Alteration, filed Apr 9, 2024, estimated cost $5K, described as “Installation of temporary needle beam as per plans. Needle beam shall comply with the chapter #33 of the code. No changes in use egress or occupancy under this application.”
Alteration, filed Apr 8, 2024, estimated cost $5K, described as “Installation of pipe scaffolding and engineering enclosure as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
Alteration, filed Jan 6, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection and roof protection as per plans. All equipment shall comply with chapter #33 of the NYC code. No change in use, egress or occupancy under this application.”

421-a exemption, through Jun 30, 2060, about $501,205 a year below the full tax.

M1-3/R7D: floor area ratio 5.57 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

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

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

Atlantic Avenue Mixed-Use Plan (City Planning 2022K0436): Zoning map change, Zoning text change, City property acquisition, Urban development action area, Completed, filed Oct 10, 2024, decided May 28, 2025. The Atlantic Avenue Mixed-Use Plan is an area-wide plan to support housing and job growth along Atlantic Avenue between Vanderbilt Avenue and Nostrand Avenue in Community Districts 3 and 8 within the neighborhoods of Crown Heights, Bedford…