151 South Elliott Place, Brooklyn
Apartment building · 99 units · built 2024 · Block 2003, Lot 19.
Building permits
- New Building — Large Residential, filed Nov 29, 2023, 99 units, 9 stories, described as “Proposed new nine story and cellar residential building.”
- Alteration, filed Dec 12, 2024, estimated cost $3K, described as “Curb cut application filed in conjunction with new building job #B00965124.”
- Alteration, filed Jun 11, 2024, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 16, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 15, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 10, 2024, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 9, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Dec 6, 2023, estimated cost $1K, described as “Proposed construction fence”
Property taxes
- Assessment
- $9,564,750
- 2026–27 tax
- $71,730
- Market value (city estimate)
- $21,255,000
- Taxable value
- $576,653
- Assessed land
- $528,750
- Assessed improvements
- $9,036,000
Tax breaks
- 485-x exemption, through Jun 30, 2060, about $1,118,029 a year below the full tax.
Zoning
R7A: floor area ratio 5.76 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 28, 2023: $12,048,550
- Sep 30, 2022: $42,600,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 142-150 South Portland (City Planning P2016K0180): Completed. A private application requesting a Zoning Map Change from R7A to R8A and Zoning Text Amendment to establish a Mandatory Inclusionary Housing (MIH) area to facilitate a 85,886 sf mixed residential and community facility building with 100…
In the news
Housing Lottery Launches for The Elliot at 151 South Elliott Place in Fort Greene, Brooklyn, New York YIMBY, May 22, 2025.