# 237 Ralph Avenue, Brooklyn

Apartment building · 8 units · built 1950 · Block 1508, Lot 3.

On Umarelli: https://umarelli.org/nyc/3015080003/237-ralph-avenue

More construction in Ocean Hill: https://umarelli.org/nyc/brooklyn/ocean-hill.md

Every lot on block 1508: https://umarelli.org/nyc/brooklyn/1508.md

## 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.

## 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.

## 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