# 159 Classon Avenue, Brooklyn

Condominium · 20 units · built 2005 · Block 1896, Lot 7503.

On Umarelli: https://umarelli.org/nyc/3018967503/159-classon-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

Every lot on block 1896: https://umarelli.org/nyc/brooklyn/1896.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $3,227,119
- 2026–27 tax: $16,711
- Market value (city estimate): $7,171,379
- Taxable value: $136,443
- Assessed land: $189,448
- Assessed improvements: $3,037,671
- Condo units with their own tax lots: 46

## Tax breaks

- 421-a exemption, through Jun 30, 2034, about $378,381 a year below the full tax.

## Zoning

M1-1: floor area ratio 3.79 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 5, 2023: $38,000, Apt P6
- Apr 20, 2023: $50,000, Apt P1
- Apr 20, 2023: $741,532, Apt P3, sold with other lots
- Apr 20, 2023: $65,000, Apt P8
- Apr 20, 2023: $683,468, Apt P9, sold with other lots
- Apr 20, 2023: $60,000, Apt P14
- Jan 24, 2023: $90,000, Apt P11, sold with other lots
- Dec 12, 2022: $530,000, Apt REC2
- Dec 12, 2022: $470,000, Apt REC3
- Dec 8, 2022: $450,000, Apt REC4

The 10 most recent of 15 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