1007 Atlantic Avenue, Brooklyn
Condominium · 50 units · built 2015 · Block 2019, Lot 7505.
Building permits
- Alteration, filed May 22, 2024, estimated cost $10K, described as “Facade repair maintenance including sealant replacement, repointing of mortar joints, replacement of isolated brick masonry, isolated EIFS repair and isolated concrete repair per plan submitted. No change in use, egress and/or occupancy.”
- Alteration, filed May 13, 2024, estimated cost $5K, described as “Installation of 110' new sidewalk shed as indicated on plans. There will be no change in the use, egress, or occupancy under this application.”
Property taxes
- Assessment
- $5,947,650
- 2026–27 tax
- $46,155
- Market value (city estimate)
- $13,217,000
- Taxable value
- $957,333
- Assessed land
- $585,000
- Assessed improvements
- $5,362,650
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2044, about $614,495 a year below the full tax.
Zoning
R7A: floor area ratio 5.07 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
- May 29, 2019: $26,000,000, Unit COMM, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.