# 480 Eastern Parkway, Brooklyn

Condominium · 8 units · built 2004 · Block 1268, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3012687501/480-eastern-parkway

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

Every lot on block 1268: https://umarelli.org/nyc/brooklyn/1268.md

## Building permits

- Alteration, filed Aug 12, 2026, estimated cost $8K, described as “Proposed work: removal of ex. rear window & extend the window opening for installation of new door assembly. Installation of new steel stair with landing to access the rear yard. Removal of CMU wall around the ex. light well. Install new…”

## Property taxes

- Assessment: $483,849
- 2026–27 tax: $802
- Market value (city estimate): $1,075,216
- Taxable value: $6,470
- Assessed land: $34,651
- Assessed improvements: $449,198
- Condo units with their own tax lots: 11

## Tax breaks

- 421-a exemption, through Jun 30, 2032, about $58,997 a year below the full tax.

## Zoning

R6: floor area ratio 2.18 built, 2.43 allowed by base zoning.

## Recent sales

- Sep 10, 2024: $1,190,000, Apt 4A
- Jun 12, 2019: $955,000, Apt 4B
- Dec 16, 2016: $53,967, Apt P1
- Oct 19, 2016: $1,022,400, Apt 4B
- Oct 4, 2016: $1,040,000, Apt 4A
- Jul 25, 2016: $995,000, Apt 1B
- May 9, 2016: $785,000, Apt 3B
- Apr 27, 2016: $775,000, Apt 2B
- Feb 12, 2016: $822,346, Apt 3A
- Feb 9, 2016: $810,000, Apt 2A

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

## Flood zone

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

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