# 881 Lexington Avenue, Brooklyn

Apartment building · 24 units · built 2020 · Block 1623, Lot 57.

On Umarelli: https://umarelli.org/nyc/3016230057/881-lexington-avenue

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

## 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](https://newyorkyimby.com/2022/05/housing-lottery-launches-for-881-lexington-avenue-in-stuyvesant-heights-brooklyn.html), New York YIMBY, May 8, 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