# 770 Lexington Avenue, Brooklyn

Apartment building · 10 units · built 2020 · Block 1627, Lot 35.

On Umarelli: https://umarelli.org/nyc/3016270035/770-lexington-avenue

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

## 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.

## Recent sales

- Apr 1, 2019: $2,425,000

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

[Affordable Housing Lottery Launches for 770-774 Lexington Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2021/02/affordable-housing-lottery-launches-for-770-774-lexington-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, Feb 13, 2021.

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