# 525 Myrtle Avenue, Brooklyn

Condominium · 22 units · built 2015 · Block 1893, Lot 7505.

On Umarelli: https://umarelli.org/nyc/3018937505/525-myrtle-avenue

More construction in Clinton Hill: https://umarelli.org/nyc/brooklyn/clinton-hill.md

Every lot on block 1893: https://umarelli.org/nyc/brooklyn/1893.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology