491 Myrtle Avenue, Brooklyn
Condominium · 5 units · built 2017 · Block 1891, Lot 7501.
Building permits
- Alteration, filed Jun 21, 2019, estimated cost $1K, described as “Erect an illuminated business accessory wall sign. No change in use,egress, or occupancy.”
Property taxes
- Assessment
- $1,529,550
- 2026–27 tax
- $30,611
- Market value (city estimate)
- $3,399,000
- Taxable value
- $342,526
- Assessed land
- $93,150
- Assessed improvements
- $1,436,400
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $68,824 a year below the full tax.
Zoning
R7A: floor area ratio 5.29 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.