# 866 Eastern Parkway, Brooklyn

Condominium · 23 units · built 2002 · Block 1272, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3012727501/866-eastern-parkway

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

Every lot on block 1272: https://umarelli.org/nyc/brooklyn/1272.md

## Building permits

- Alteration, filed Aug 7, 2025, estimated cost $30K, described as “Proposed conversion of second floor space in an existing seven (7) story + cellar and sub-cellar mixed-use building.”

## Property taxes

- Assessment: $3,323,702
- 2026–27 tax: $100,034
- Market value (city estimate): $7,386,003
- Taxable value: $910,222
- Assessed land: $175,497
- Assessed improvements: $3,148,205
- Condo units with their own tax lots: 57

## Tax breaks

- 421-a exemption, through Jun 30, 2031, about $254,327 a year below the full tax.
- ICAP/ICIP exemption, through Jun 30, 2029, about $19,337 a year below the full tax.

## Zoning

R6: floor area ratio 3.26 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 4, 2025: $999,000, Apt 5B
- Nov 19, 2024: $1,845,000, Apt 2A
- Jun 5, 2018: $20,000, Apt PS2
- Jun 5, 2018: $999,950, Apt 3E
- Aug 22, 2017: $990,000, Apt 3A

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