531 Classon Avenue, Brooklyn
Condominium · 8 units · built 2021 · Block 1994, Lot 7501.
Building permits
- Alteration, filed Mar 3, 2022, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed May 30, 2021, estimated cost $9K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
- Alteration, filed May 27, 2020, estimated cost $5K, described as “8 Foot High Construction Fence”
- Alteration, filed Apr 22, 2020, estimated cost $1K, described as “Installation of sprinkler system as per NB # 322072519”
- Alteration, filed Apr 22, 2020, estimated cost $1K, described as “Plumbing work in relation to NB # 322072519”
- Alteration, filed Apr 21, 2020, estimated cost $1K, described as “Structural file in conjunction to NB job # 322072519”
- Alteration, filed Apr 20, 2020, estimated cost $1K, described as “Mechanical work in conjunction with NB job # 322072519”
Property taxes
- Assessment
- $941,400
- 2026–27 tax
- $90,834
- Market value (city estimate)
- $2,092,000
- Taxable value
- $785,468
- Assessed land
- $126,000
- Assessed improvements
- $815,400
- Condo units with their own tax lots
- 8
Tax breaks
- Co-op and condo abatement, with no end date, a $6,870 credit this tax year.
Zoning
R6B: floor area ratio 2.32 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 29, 2024: $1,216,809, Apt 1B
- Aug 12, 2024: $967,338, Apt 4A, sold with other lots
- Jul 26, 2024: $1,318,634, Apt 3A
- Jul 23, 2024: $824,783, Apt 3B
- Jul 22, 2024: $865,513, Apt 2B
- Jul 16, 2024: $1,221,900, Apt 2A
- Jun 28, 2024: $1,680,113, Apt 1A
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 531 Classon Avenue in Bed-Stuy, Brooklyn, New York YIMBY, Mar 19, 2020.