770 Lexington Avenue, Brooklyn
Apartment building · 10 units · built 2020 · Block 1627, Lot 35.
Building permits
- Alteration, filed Jan 4, 2020, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 4, 2020, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 25, 2019, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
Property taxes
- Assessment
- $1,089,900
- 2026–27 tax
- $4,948
- Market value (city estimate)
- $2,422,000
- Taxable value
- $39,780
- Assessed land
- $190,800
- Assessed improvements
- $899,100
Tax breaks
- 421-a exemption, through Jun 30, 2056, about $130,624 a year below the full tax.
Zoning
R6B: floor area ratio 2.19 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.
Recent sales
- Apr 1, 2019: $2,425,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Affordable Housing Lottery Launches for 770-774 Lexington Avenue in Bed-Stuy, Brooklyn, New York YIMBY, Feb 13, 2021.