175 Willoughby Street, Brooklyn
Co-op · 183 units · built 1958 · Block 2061, Lot 80.
Building permits
- Alteration, filed Feb 16, 2021, estimated cost $25K, described as “Installation of outdoor metal storage shed at existing open parking lot. No change in use, occupancy, and egress.”
Property taxes
- Assessment
- $11,887,650
- 2026–27 tax
- $1,221,695
- Market value (city estimate)
- $26,417,000
- Taxable value
- $11,248,221
- Assessed land
- $529,650
- Assessed improvements
- $11,358,000
Tax breaks
- Co-op and condo abatement, with no end date, a $160,990 credit this tax year.
- J-51 abatement, through Dec 31, 2038, a $19,474 credit this tax year.
Zoning
R6 (part of the lot is C6-4): floor area ratio 2.39 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 25, 2026: $933,441
- Sep 18, 2026: $652,000
- Jul 20, 2026: $691,392
- May 12, 2026: $949,000
- Dec 19, 2025: $625,000
- Dec 4, 2025: $999,000
- Nov 4, 2025: $1,340,000
- Sep 16, 2025: $620,000
- Aug 4, 2025: $731,104
- Jul 28, 2025: $400,000
The 10 most recent of 81 open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- DOWNTOWN BKLYN DEVELOPMENT (City Planning P2003K0418): Completed, decided Aug 12, 2006. AN EFFORT TO CREATE OPPORTUNITIES FOR INTEGRATING COMMERCIAL, ACADEMIC, AND RESIDENTIAL DEVELOPMENT IN DOWNTOWN BROOKLYN ENT IN THE DOWNTOWN BROOKLYN AREA