531 Myrtle Avenue, Brooklyn
Condominium · 29 units · built 2015 · Block 1893, Lot 7504.
Building permits
- Alteration, filed Dec 15, 2025, estimated cost $3K, described as “Illuminated non-advertising accessory wall sign - district taco. No change of use, egress or occupancy.”
- Alteration, filed Dec 15, 2025, estimated cost $3K, described as “Illuminated non-advertising accessory wall sign - district taco. No change of use, egress or occupancy.”
- Alteration, filed Jun 9, 2025, estimated cost $70K, described as “Minor interior selective demolition and reconstruction as per plans filed.”
- Alteration, filed Feb 25, 2020, estimated cost $24K, described as “Propose sprinkler work in conjunction with alt 2 # 340690531; work include install new heads, 2HDS @ cel & 9HDS @ 1ST fl; relocate 14 hds each on cel & 1ST fl. No change in use, egress or occupancy.”
- Alteration, filed Feb 14, 2020, estimated cost $3K, described as “Illuminated business accessory wall sign. No change to use, egress or occupancy”
- Alteration, filed Sep 16, 2019, estimated cost $25K, described as “Filing for plumbing works”
- Alteration, filed Sep 16, 2019, estimated cost $22K, described as “Filing for mechanical works.”
Property taxes
- Assessment
- $4,639,950
- 2026–27 tax
- $71,915
- Market value (city estimate)
- $10,311,000
- Taxable value
- $1,498,658
- Assessed land
- $405,000
- Assessed improvements
- $4,234,950
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $365,922 a year below the full tax.
Zoning
R7A: floor area ratio 4.32 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.
Recent sales
- Jul 28, 2023: $14,700,000, Unit RU
- Jul 28, 2023: $3,000,000, Unit CU
- Jan 23, 2020: $55,890,888, Unit RU, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.