# 940 Montgomery Street, Brooklyn

Four-family · built c. 1924 · Block 1424, Lot 16.

On Umarelli: https://umarelli.org/nyc/3014240016/940-montgomery-street

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

## Building permits

- New Building — Multi-Family, filed Jun 7, 2022, estimated cost $1.0M, 18 units, 4 stories, early work permitted while the building plans are in review, described as “Proposed new 4 story building incorporating existing two story building”

## Property taxes

- Assessment: $400,950
- 2026–27 tax: $19,279
- Market value (city estimate): $891,000
- Taxable value: $154,985
- Assessed land: $95,850
- Assessed improvements: $305,100

## Zoning

R7-1: floor area ratio 0.83 built, 3.44 allowed by base zoning.

## Recent sales

- May 26, 2016: $1,440,000

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