# 1007 Atlantic Avenue, Brooklyn

Condominium · 50 units · built 2015 · Block 2019, Lot 7505.

On Umarelli: https://umarelli.org/nyc/3020197505/1007-atlantic-avenue

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

Every lot on block 2019: https://umarelli.org/nyc/brooklyn/2019.md

## 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.

## 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.

## 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