237 Ralph Avenue, Brooklyn
Apartment building · 8 units · built 1950 · Block 1508, Lot 3.
Building permits
- Alteration, filed Aug 28, 2019, estimated cost $80K, described as “Sprinkler system in conjunction with Alt-1 321188594 conversion of existing building to 8 residences.”
Property taxes
- Assessment
- $833,400
- 2026–27 tax
- $24,640
- Market value (city estimate)
- $1,852,000
- Taxable value
- $198,090
- Assessed land
- $113,850
- Assessed improvements
- $719,550
Tax breaks
- 421-a exemption, through Jun 30, 2055, about $79,026 a year below the full tax.
Zoning
R6B: floor area ratio 2.10 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 31, 2019: $1,725,000
- Jul 12, 2018: $680,000
Open-market sales since 2016, from the Department of Finance’s sales files.