# 388 Vernon Avenue, Brooklyn

Apartment building · 27 units · built 2022 · Block 1589, Lot 35.

On Umarelli: https://umarelli.org/nyc/3015890035/388-vernon-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

## Building permits

- Alteration, filed Jan 20, 2023, estimated cost $1K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 24, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Sep 22, 2021, estimated cost $2K, described as “Install temporary wood Construction fence.”
- Alteration, filed Jun 8, 2021, estimated cost $1K, described as “Curb cut in conjunction with New Building”
- Alteration, filed Nov 7, 2018, estimated cost $3K, described as “Fence filed in conjunction with demolition application #321801715”

## Property taxes

- Assessment: $2,479,050
- 2026–27 tax: $11,530
- Market value (city estimate): $5,509,000
- Taxable value: $92,695
- Assessed land: $596,250
- Assessed improvements: $1,882,800

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $296,839 a year below the full tax.

## Zoning

R6B: floor area ratio 2.84 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.

## In the news

[Housing Lottery Launches for 388 Vernon Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2024/06/housing-lottery-launches-for-388-vernon-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Jun 18, 2024.

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