516 Herkimer Street, Brooklyn
Apartment building · 15 units · built 2016 · Block 1705, Lot 41.
Building permits
- Alteration, filed Mar 4, 2020, estimated cost $8K, described as “Installation of new 12.00 ft. curb cut distant 140.00 ft. from the corner of Troy Avenue and Herkimer Street. Filed in conjunction with NB 321124421”
- Alteration, filed Feb 14, 2018, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold for new building as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $1,337,850
- 2026–27 tax
- $2,837
- Market value (city estimate)
- $2,973,000
- Taxable value
- $22,809
- Assessed land
- $288,000
- Assessed improvements
- $1,049,850
Tax breaks
- 421-a exemption, through Jun 30, 2035, about $163,578 a year below the full tax.
Zoning
R6: floor area ratio 2.68 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.