# 116 Cambridge Place, Brooklyn

Co-op · 20 units · built c. 1914 · Block 1980, Lot 48.

On Umarelli: https://umarelli.org/nyc/3019800048/116-cambridge-place

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

Every lot on block 1980: https://umarelli.org/nyc/brooklyn/1980.md

## Building permits

- Alteration, filed Nov 3, 2023, estimated cost $3K, described as “Installation of plywood fence as per plan. No change in use,occupancy, or egress under this application.”
- Alteration, filed Jul 26, 2023, 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 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Nov 5, 2021, estimated cost $12K, described as “New washer and replacement fixtures as shown on plan.”
- Alteration, filed Nov 4, 2021, estimated cost $44K, described as “Remove abandoned dumb waiter, patch shaft with flooring, encase existing electrical wires to proposed column, and replace existing fixtures & appliances as shown on plans.”

## Property taxes

- Assessment: $980,550
- Market value (city estimate): $2,179,000
- Taxable value: $0
- Assessed land: $47,250
- Assessed improvements: $933,300

## Tax breaks

- J-51 exemption, through Jun 30, 2035, about $67,030 a year below the full tax.
- Article XI exemption, through Jun 30, 2029, about $54,940 a year below the full tax.

## Zoning

R6B: floor area ratio 3.57 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 24, 2024: $655,000
- Feb 23, 2024: $435,000
- Jan 21, 2022: $350,000
- Aug 19, 2021: $325,000
- May 24, 2021: $420,000
- Feb 5, 2021: $450,000
- Dec 11, 2018: $150,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## Landmarks

Part of Clinton Hill Historic District (Historic District). 6 Landmarks Preservation Commission permits are on file.

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