# 1150 Broadway, Brooklyn

Commercial · built 2002 · Block 1608, Lot 27.

On Umarelli: https://umarelli.org/nyc/3016080027/1150-broadway

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

## Building permits

- New Building — Mid-Rise, filed Mar 31, 2026, 99 units, 11 stories, described as “Proposed 11 story mix-use development (residential & commercial)”
- Alteration, filed Jul 30, 2026, estimated cost $20K, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
- Demolition, filed Apr 24, 2026, estimated cost $35K, described as “Full Demolition of one(1) story Masonry Building. Existing foundation to remain.”
- Alteration, filed Feb 1, 2022, estimated cost $130K, described as “Filing to install packaged HVAC unit on roof of existing eating & drinking establishment in conjunction with #340761241.”
- Alteration, filed Jan 29, 2021, estimated cost $700, described as “Install exterior non-illuminated wall sign ((logo) bonjour brooklyn french bakery)”
- Alteration, filed Nov 18, 2020, estimated cost $10K, described as “Renovation existing retail store toadd 3 new sinks and 2 new ovens.in conjunction with #340761241PLUMBING work only.”

## Property taxes

- Assessment: $1,906,200
- 2026–27 tax: $181,864
- Market value (city estimate): $4,236,000
- Taxable value: $1,676,475
- Assessed land: $206,550
- Assessed improvements: $1,699,650

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2027, about $16,524 a year below the full tax.

## Zoning

C4-4L: floor area ratio 0.44 built, 4.00 allowed by base zoning.

## Recent sales

- Jul 30, 2026: $23,500,000, 10,435 sq ft, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[1150 Broadway Development Site Purchased In Bed-Stuy, Brooklyn](https://newyorkyimby.com/2026/08/1150-broadway-development-site-purchased-in-bedford-stuyvesant-brooklyn.html), New York YIMBY, Aug 22, 2026.

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