# 21 Prescott Place, Brooklyn

Condominium · 235 units · built 2021 · Block 1557, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3015577501/21-prescott-place

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

## Building permits

- Alteration, filed Jun 10, 2025, estimated cost $3K, described as “Illuminated Accessory non advertising business blade sign on wall. Sign wording: CENTER FOR ART AND ADVOCACY”
- Alteration, filed Jun 4, 2024, estimated cost $650, described as “Install exterior illuminated wall sign (flagstar)”
- Alteration, filed Jun 4, 2024, estimated cost $650, described as “Install exterior illuminated wall sign (flagstar)”
- Alteration, filed Jun 4, 2024, estimated cost $150, described as “Install exterior illuminated double faced blade sign on wall (flagstar)”
- Alteration, filed Mar 14, 2024, estimated cost $15K, described as “Proposed sprinkler work at 1ST floor in adjuction to genercal construction work. No change in use, egress and occupancy.”
- Alteration, filed Mar 14, 2024, estimated cost $180K, described as “Proposed interior build out for 1ST floor bank, work included minor partitions and finish work as per plan. No change in use, egress and occupancy.”
- Alteration, filed Mar 14, 2024, estimated cost $53K, described as “Proposed mechanical work in adjuction to genercal construction work. No change in use, egress and occupancy.”
- Alteration, filed Mar 14, 2024, estimated cost $25K, described as “Proposed plumbing work at 1ST floor in adjuction to genercal construction work. No change in use, egress and occupancy.”
- Alteration, filed Nov 27, 2023, estimated cost $125K, described as “Interior renovations for dental office as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Nov 27, 2023, estimated cost $20K, described as “Installation of plumbing fixtures as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Apr 16, 2021, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 22, 2021, estimated cost $1K, described as “Installation of sidewalk shed in accordance with n ycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Aug 25, 2020, estimated cost $1K, described as “Install temporary construction fence as per plans filed. Filed in conjunction with new building #321387450”
- Alteration, filed Jun 25, 2020, estimated cost $1K, described as “Propose to install two new gas fired boilers at roof filed in conjunction with NB # 321387450.”
- Alteration, filed May 29, 2020, estimated cost $1K, described as “Propose to install temporary standpipe scope of work filed in conjunction with NB # 321387450.”
- Alteration, filed May 29, 2020, estimated cost $1K, described as “Propose sprinkler and standpipe scope of work filed in conjunction with NB #321387450”
- Alteration, filed Aug 21, 2019, estimated cost $2K, described as “Propose one new curb cut as per plan. Conjunction with job no # 321387450”
- Alteration, filed Aug 21, 2019, estimated cost $3K, described as “Propose one new loading berth in conjunction with job no # 321387450”
- Alteration, filed May 22, 2019, described as “Installation of sidewalk shed in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed May 3, 2019, estimated cost $2K, described as “Propose temporary construction fence for demolition applications job# 322059758 and job# 321724149.”

## Property taxes

- Assessment: $19,429,200
- 2026–27 tax: $16,567
- Market value (city estimate): $43,176,000
- Taxable value: $2,822,460
- Assessed land: $999,450
- Assessed improvements: $18,429,750
- Condo units with their own tax lots: 4

## Tax breaks

- 420-c exemption, through Jun 30, 2081, about $2,035,217 a year below the full tax.

## Zoning

R8A: floor area ratio 6.80 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Housing Lottery Launches for 1921 Atlantic Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2022/11/housing-lottery-launches-for-1921-atlantic-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Nov 19, 2022.

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