# 261 Buffalo Avenue, Brooklyn

Apartment building · 36 units · built c. 1922 · Block 1387, Lot 7.

On Umarelli: https://umarelli.org/nyc/3013870007/261-buffalo-avenue

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

Every lot on block 1387: https://umarelli.org/nyc/brooklyn/1387.md

## Building permits

- Alteration, filed Sep 23, 2020, estimated cost $5K, described as “Erect illuminated business wall sign not within view of arterial highway or public park 1/2 acre or more. No change in use egress or occupancy”
- Alteration, filed Sep 23, 2020, estimated cost $3K, described as “Erect illuminated business accessory sign not within view of arterial highway or public park 1/2 acre or more. No change in use egress or occupancy”

## Property taxes

- Assessment: $1,851,300
- 2026–27 tax: $16,675
- Market value (city estimate): $4,114,000
- Taxable value: $134,057
- Assessed land: $64,800
- Assessed improvements: $1,786,500

## Tax breaks

- 420-c exemption, through Jun 30, 2061, about $191,766 a year below the full tax.

## Zoning

R6: floor area ratio 3.67 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 30, 2017: $1,747,315

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