1559 Prospect Place, Brooklyn
Condominium · 45 units · built 2022 · Block 1363, Lot 7501.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $3,388,950
- Market value (city estimate)
- $7,531,000
- Taxable value
- $0
- Assessed land
- $440,550
- Assessed improvements
- $2,948,400
- Condo units with their own tax lots
- 2
Tax breaks
- 420-c exemption, through Jun 30, 2083, about $421,551 a year below the full tax.
Zoning
R6: floor area ratio 3.17 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.
In the news
Housing Lottery Launches for 1559 Prospect Place in Crown Heights, Brooklyn, New York YIMBY, Aug 31, 2024.