# 514 Herkimer Street, Brooklyn

Apartment building · 13 units · built 2022 · Block 1705, Lot 39.

On Umarelli: https://umarelli.org/nyc/3017050039/514-herkimer-street

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

## Building permits

- Alteration, filed Jun 27, 2022, estimated cost $60K, described as “Installation of sprinkler system as per plan”
- Alteration, filed Oct 27, 2021, estimated cost $1K, described as “Installation of needle beam at 2ND floor for new building construction work as per plan. No change in use egress or occupancy,comply with CHAPTER#33 of 2014 the ny building code.”
- Alteration, filed Oct 27, 2021, estimated cost $1K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 26, 2021, 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 Apr 29, 2021, estimated cost $5K, described as “Installation of plywood fence as per plan. No change in use,occupancy, or egress under this application.”
- Alteration, filed Mar 1, 2021, estimated cost $1K, described as “Curb cut work type in conjunction with NB# 321598080”
- Alteration, filed Dec 21, 2020, estimated cost $95K, described as “This project filings scope of work includes the installation of piping, fixtures, and hwh as per plan. This plumbing filing is filed in conjunction to the new building job no. 321598080.”
- Alteration, filed Dec 21, 2020, estimated cost $125K, described as “Provide new mechanical system (heatng system, ventilation system, air conditioning system, and associated dutcts and piping) for entire building in accordance to 2014 NYC building code, 2014 mechanical code, 2014 NYC energy conservation…”
- Alteration, filed Dec 7, 2020, estimated cost $1K, described as “New eight story concrete building”

## Property taxes

- Assessment: $1,508,850
- 2026–27 tax: $2,231
- Market value (city estimate): $3,353,000
- Taxable value: $17,935
- Assessed land: $233,100
- Assessed improvements: $1,275,750

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $185,455 a year below the full tax.

## Zoning

R6: floor area ratio 2.41 built, 2.43 allowed by base zoning.

## Recent sales

- Nov 26, 2019: $1,800,000
- May 5, 2017: $323,000

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 514 Herkimer Street in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2023/08/affordable-housing-lottery-launches-for-514-herkimer-street-in-bed-stuy-brooklyn.html), New York YIMBY, Aug 11, 2023.

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