1720 Atlantic Avenue, Brooklyn
Commercial · built 2002 · Block 1335, Lot 35.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,840,950
- 2026–27 tax
- $188,790
- Market value (city estimate)
- $4,091,000
- Taxable value
- $1,740,322
- Assessed land
- $450,000
- Assessed improvements
- $1,390,950
Tax breaks
- ICAP/ICIP exemption, through Jun 30, 2028, about $10,916 a year below the full tax.
Zoning
C4-4D (part of the lot is R7A): floor area ratio 0.52 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 1720 Atlantic Avenue Rezoning (City Planning 2020K0454): Zoning text change, Zoning map change, Completed, decided Dec 4, 2025. Bermuda Realty No. 2 LLC seeks a Zoning Map Amendment from M1-1 to C4-4D, R7A, and R7A/C2-4 and a Zoning Text Amendment to map MIH and allow additional street wall flexibility to facilitate a new 13-story, 263,277 sq ft mixed-use…
In the news
Renderings Revealed For 1720 Atlantic Avenue in Crown Heights, Brooklyn, New York YIMBY, Mar 7, 2026.