# 500 Montgomery Street, Brooklyn

Apartment building · 39 units · built c. 1925 · Block 1309, Lot 49.

On Umarelli: https://umarelli.org/nyc/3013090049/500-montgomery-street

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

Every lot on block 1309: https://umarelli.org/nyc/brooklyn/1309.md

## Building permits

- Alteration, filed Aug 23, 2024, estimated cost $10K, described as “Application file to exterior facade repair as brick crack repair and thorocoat work as per plan. Remove VIOLATION#39108091M and 39116480X. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 14, 2021, estimated cost $1K, described as “Reconnect boiler to exg. Gas line and meter and replace hot water heater. No change in use, egress or occupancy.”
- Alteration, filed Jan 14, 2021, estimated cost $47K, described as “Replace two (2) boilers. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $923,850
- Market value (city estimate): $2,053,000
- Taxable value: $0
- Assessed land: $69,300
- Assessed improvements: $854,550

## Tax breaks

- 420-c exemption, through Jun 30, 2043, about $114,918 a year below the full tax.

## Zoning

R6: floor area ratio 3.28 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.

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