633 Marcy Avenue, Brooklyn
Apartment building · 64 units · built 2018 · Block 1771, Lot 5.
Building permits
- Alteration, filed Jan 12, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 12, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $6,392,250
- 2026–27 tax
- $59,592
- Market value (city estimate)
- $14,205,000
- Taxable value
- $479,077
- Assessed land
- $202,500
- Assessed improvements
- $6,189,750
Tax breaks
- 421-a exemption, through Jun 30, 2054, about $640,941 a year below the full tax.
Zoning
R7A: floor area ratio 6.17 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 633 Marcy Avenue FRESH (cert) (City Planning P2017K0342): Completed, decided Feb 20, 2019. This is a private application by Marcy Hart LLC requesting a FRESH certification per Zoning Resolution Section 63-30 to facilitate an alteration of an eight-story, 45,479 square foot residential development to include an 8,619 square foot…
In the news
Housing Lottery Launches for 633 Marcy Avenue in Bushwick, Brooklyn, New York YIMBY, Aug 24, 2021.