525 Myrtle Avenue, Brooklyn
Condominium · 22 units · built 2015 · Block 1893, Lot 7505.
Building permits
- Alteration, filed Jul 14, 2025, estimated cost $4K, described as “Heavy duty sidewalk shed during bldg alteration, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
Property taxes
- Assessment
- $2,121,754
- 2026–27 tax
- $30,345
- Market value (city estimate)
- $4,715,004
- Taxable value
- $473,795
- Assessed land
- $270,000
- Assessed improvements
- $1,851,754
- Condo units with their own tax lots
- 25
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $196,827 a year below the full tax.
Zoning
R7A: floor area ratio 3.57 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 18, 2026: $1,435,000, Apt 701
- May 14, 2025: $1,050,000, Apt 201
- Jan 14, 2025: $700,000, Apt 404
- Sep 6, 2023: $750,000, Apt 302
- May 31, 2018: $600,767, Apt 202
- Apr 11, 2018: $733,140, Apt 501
- Mar 8, 2018: $295,000, Apt RS-2
- Mar 8, 2018: $672,045, Apt 203
- Feb 22, 2018: $1,220,846, Apt RS-1
- Feb 21, 2018: $86,551, Apt C-1
The 10 most recent of 29 open-market sales since 2016, from the Department of Finance’s sales files.