# 1718 President Street, Brooklyn

Apartment building · 46 units · built 2021 · Block 1409, Lot 22.

On Umarelli: https://umarelli.org/nyc/3014090022/1718-president-street

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

## Building permits

- Alteration, filed Feb 14, 2023, described as “Mechanical plans filed in conjunction with nb# 321588983”
- Alteration, filed Jul 22, 2022, estimated cost $10K, described as “Installation of temporary supported scaffold in conjunction with NB # 321588983 per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 22, 2022, estimated cost $9K, described as “Installation of temporary needle beam per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed May 5, 2022, estimated cost $95K, described as “Installation of 6,000# temporary single car personnel/material hoist per plan and application submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Apr 28, 2022, described as “Temp stand pipe in conjunction with nb 321588983”
- Alteration, filed Feb 28, 2022, described as “Installation of temporary heavy duty sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 28, 2022, estimated cost $14K, described as “Installation of temporary overhead protection per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 28, 2022, estimated cost $20K, described as “Installation of temporary roof protection per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 8, 2022, described as “Structural plans in conjunction with NB# 321588983”
- Alteration, filed Oct 27, 2021, described as “Plans filed in conjunction with nb app # 321588983”
- Alteration, filed Oct 27, 2021, estimated cost $1K, described as “Plans filed in conjunction with nb app # 321588983”
- Alteration, filed Oct 4, 2021, estimated cost $1K, described as “Support of excavation”
- Alteration, filed Aug 24, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 11, 2021, estimated cost $1K, described as “Hereby filing foundation plans in conjunction with nb#320588983”
- Alteration, filed Jul 26, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 16, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
- Alteration, filed Apr 24, 2020, estimated cost $1K, described as “Hereby filing curb cut application in conjunction with NB app 321588983 adn bpp app 340723827”
- Alteration, filed Sep 17, 2018, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”

## Property taxes

- Assessment: $3,346,200
- 2026–27 tax: $8,054
- Market value (city estimate): $7,436,000
- Taxable value: $64,748
- Assessed land: $291,150
- Assessed improvements: $3,055,050

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $408,180 a year below the full tax.

## Zoning

R7-1: floor area ratio 6.21 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 31, 2020: $3,875,000, 5,120 sq ft ($757 per sq ft)
- Mar 7, 2018: $1,150,000, sold with other lots

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

[Permits Filed for 1718 President Street in Crown Heights, Brooklyn](https://newyorkyimby.com/2020/03/permits-filed-for-1718-president-street-in-crown-heights-brooklyn.html), New York YIMBY, Mar 3, 2020.

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