881 Lexington Avenue, Brooklyn
Apartment building · 24 units · built 2020 · Block 1623, Lot 57.
Building permits
- Alteration, filed Nov 25, 2022, estimated cost $4K, described as “Application file to restore non-structure fire rated wall between two apartments 602 & 603 as per plan to address the oath/ecb violation: 35661718P”
- Alteration, filed Oct 9, 2020, estimated cost $1K, described as “Installation of temporary (20'-65') high pipe scaffold at various levels for facade repair work as per plan. No change in use egress or occupancy,pipe scaffold shall comply with CHAPTER#33 of 2014 the ny building code.”
- Alteration, filed Oct 6, 2020, estimated cost $1K, described as “Installation of temporary construction fence as per plans. No change in use, occupancy or egress.”
- Alteration, filed Oct 3, 2020, 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 Nov 4, 2019, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Aug 20, 2019, estimated cost $1K, described as “Curb cut application filed in conjunction with NB# 321593469”
Property taxes
- Assessment
- $2,357,100
- 2026–27 tax
- $20,095
- Market value (city estimate)
- $5,238,000
- Taxable value
- $161,550
- Assessed land
- $337,500
- Assessed improvements
- $2,019,600
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $273,104 a year below the full tax.
Zoning
R6A: floor area ratio 4.16 built, above the 3.00 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 881 Lexington Avenue in Stuyvesant Heights, Brooklyn, New York YIMBY, May 8, 2022.