# 1164 Broadway, Brooklyn

Commercial · built 2001 · Block 1608, Lot 34.

On Umarelli: https://umarelli.org/nyc/3016080034/1164-broadway

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

## Building permits

- New Building — Mid-Rise, filed Mar 31, 2026, 98 units, 11 stories, described as “Proposed 11 story mix-use development (residential & commercial)”
- Demolition, filed Apr 24, 2026, estimated cost $30K, described as “Full demolition of one(1) masonry building, existing foundation to remain.”

## Property taxes

- Assessment: $657,450
- 2026–27 tax: $54,489
- Market value (city estimate): $1,461,000
- Taxable value: $502,295
- Assessed land: $84,600
- Assessed improvements: $572,850

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2029, about $1,743 a year below the full tax.

## Zoning

C4-4L: floor area ratio 0.62 built, 4.00 allowed by base zoning.

## Recent sales

- Jul 30, 2026: $23,500,000, 4,240 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.

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