# 633 Marcy Avenue, Brooklyn

Apartment building · 64 units · built 2018 · Block 1771, Lot 5.

On Umarelli: https://umarelli.org/nyc/3017710005/633-marcy-avenue

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

## 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](https://newyorkyimby.com/2021/08/housing-lottery-launches-for-633-marcy-avenue-in-bushwick-brooklyn.html), New York YIMBY, Aug 24, 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