433 Park Avenue, Brooklyn
Industrial · built c. 1930 · Block 1884, Lot 1.
Building permits
- Alteration, filed Jun 2, 2026, estimated cost $1.4M, described as “Change of use and interior alteration of an existing 1-story & mezzanine commercial building. Conversion of commercial open space offices, to a use group vi trade school and educational support services naics code 6117 and ambulatory…”
Property taxes
- Assessment
- $769,050
- 2026–27 tax
- $63,503
- Market value (city estimate)
- $1,709,000
- Taxable value
- $729,920
- Assessed land
- $67,050
- Assessed improvements
- $702,000
Tax breaks
- ICAP abatement, through Jun 30, 2050, a $15,679 credit this tax year.
Zoning
M1-2: floor area ratio 1.34 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.