# 268 Sullivan Place, Brooklyn

Apartment building · 37 units · built 2024 · Block 1308, Lot 26.

On Umarelli: https://umarelli.org/nyc/3013080026/268-sullivan-place

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

## Building permits

- New Building — Multi-Family, filed Jan 26, 2023, 37 units, 7 stories, described as “Proposed seven story + cellar mixed use building.”
- Alteration, filed Jun 21, 2024, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 12, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 3, 2024, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 29, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 28, 2023, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Dec 19, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Dec 19, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jun 2, 2022, described as “Single footing limited foundation plans hereby filed in conjunction with new building job# B00817250”

## Property taxes

- Assessment: $4,073,400
- 2026–27 tax: $10,176
- Market value (city estimate): $9,052,000
- Taxable value: $81,810
- Assessed land: $511,650
- Assessed improvements: $3,561,750

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $496,514 a year below the full tax.

## Zoning

R7-1: floor area ratio 5.74 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 15, 2022: $1,200,000

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

## Flood zone

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

## In the news

[Renderings Revealed For 268 Sullivan Place In Crown Heights, Brooklyn](https://newyorkyimby.com/2024/04/renderings-revealed-for-268-sullivan-place-in-crown-heights-brooklyn.html), New York YIMBY, Apr 18, 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