493 Myrtle Avenue, Brooklyn
Condominium · 21 units · built 2022 · Block 1891, Lot 7502.
Building permits
- Alteration, filed Jun 19, 2025, estimated cost $550, described as “Illuminated non-advertising accessory wall sign - tend. No change of use, egress or occupancy.”
- Alteration, filed Jan 24, 2025, estimated cost $200K, described as “Interior alterations of existing ground floor commercial space to include non-load bearing demolition and general construction. No change to use, occupancy or egress”
- Alteration, filed Jun 13, 2022, estimated cost $1K, described as “Installation of temporary needle beam as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jun 13, 2022, estimated cost $1K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Dec 31, 2021, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300 psf”
- Alteration, filed Aug 10, 2021, described as “Construction fence”
- Alteration, filed Jun 28, 2021, estimated cost $1K, described as “Temporary standpipe work related to NB application.”
- Alteration, filed Oct 6, 2020, estimated cost $1K, described as “Structural work related to NB application”
- Alteration, filed May 11, 2020, estimated cost $200K, described as “Sprinkler and Plumbing work related to NB application”
- Alteration, filed May 11, 2020, estimated cost $100K, described as “Mechanical work related to NB application”
Property taxes
- Assessment
- $2,046,150
- 2026–27 tax
- $16,043
- Market value (city estimate)
- $4,547,000
- Taxable value
- $368,482
- Assessed land
- $130,950
- Assessed improvements
- $1,915,200
- Condo units with their own tax lots
- 3
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $205,086 a year below the full tax.
Zoning
R7A: floor area ratio 4.22 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.
In the news
Housing Lottery Launches for 493-495 Myrtle Avenue in Clinton Hill, Brooklyn, New York YIMBY, Aug 3, 2023.