# 955 Sterling Place, Brooklyn

Condominium · 2 units · built 2023 · Block 1242, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3012427501/955-sterling-place

More construction in Crown Heights: https://umarelli.org/nyc/brooklyn/crown-heights.md

## Building permits

- No Work, filed Dec 13, 2024
- Alteration, filed May 21, 2024, described as “Installation of temporary sidewalk shed as per plan. No change in use, egress or occupancy”
- Alteration, filed Aug 24, 2023, estimated cost $5K, described as “Suspended scaffolding as shown on plans”
- Alteration, filed Feb 23, 2023, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. Pipe scaffolding shall comply with chapter #33 of the NYC buildinds code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 4, 2023, estimated cost $1K, described as “Installation of single personnel/material hoist (PM1) in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Jan 4, 2023, estimated cost $10K, described as “Installation of single personnel/material hoist (PM2) in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Oct 19, 2022, estimated cost $3.5M, described as “Installation of new sprinkler/standpipe system in conjunction with NB # 321384471.”
- Alteration, filed Jun 27, 2022, estimated cost $1K, described as “Installation of temporary standpipe in conjunction with NB # 321384471.”
- Alteration, filed Jun 6, 2022, estimated cost $1K, described as “Underground Plumbing work in conjunction with NB # 321384471.”
- Alteration, filed Feb 18, 2022, estimated cost $1K, described as “Installation of construction fence in accordance with nycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Feb 18, 2022, estimated cost $1K, described as “Installation of sidewalk shed for pedestrian safety during construction. Sidewalk shed shall comply with nycc 2014 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Nov 12, 2021, estimated cost $1K, described as “Curb cut in conjunction with NB # 321384471.”
- Alteration, filed Oct 27, 2021, estimated cost $1K, described as “Support of excavation in conjunction with NB # 321384471.”

## Property taxes

- Assessment: $16,597,799
- 2026–27 tax: $175,929
- Market value (city estimate): $36,884,000
- Taxable value: $1,534,667
- Assessed land: $1,641,149
- Assessed improvements: $14,956,650
- Condo units with their own tax lots: 5

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $1,851,649 a year below the full tax.

## Zoning

R6: floor area ratio 3.66 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Developers Secure $69 Million Bridge Loan for Mason Gray At 959 Sterling Place In Crown Heights, Brooklyn](https://newyorkyimby.com/2024/07/developers-secure-69-million-bridge-loan-for-mason-gray-at-959-sterling-place-in-crown-heights-brooklyn.html), New York YIMBY, Jul 20, 2024.

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