1 Flatbush Ave, Brooklyn
Condominium · 183 units · built 2016 · Block 2106, Lot 7503.
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Building permits
- Alteration, filed Apr 1, 2025, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed Mar 27, 2024, estimated cost $333K, described as “Exterior Facade restoration and waterproofing repairs as necessary. No change in use, occupancy or egress proposed under this application.”
- Alteration, filed Jun 1, 2023, estimated cost $115K, described as “Lighting upgrades for Bank of America. No change to use, egress or occupancy.”
- Alteration, filed Oct 14, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Jul 28, 2020, estimated cost $2K, described as “Erect illuminated accessory business wall sign reading "Bank of America"”
- Alteration, filed Jul 28, 2020, estimated cost $2K, described as “Erect illuminated accessory business wall sign reading "Bank of America"”
- Alteration, filed Jul 28, 2020, estimated cost $2K, described as “Erect illuminated accessory business wall sign reading "Bank of America"”
- Alteration, filed Jul 10, 2020, estimated cost $55K, described as “Sprinkler work for Bank of America Tenant Fit Out”
- Alteration, filed Jun 10, 2020, estimated cost $66K, described as “Structural work for Bank of America Tenant Fit out. No change to use, egress, or occupancy.”
- Alteration, filed Apr 16, 2020, estimated cost $758K, described as “Mechanical work for Bank of America Tenant Fit Out”
- Alteration, filed Mar 24, 2020, estimated cost $64K, described as “Plumbing work for Bank of America tenant fit out”
- Alteration, filed Mar 4, 2020, estimated cost $26K, described as “Sprinkler standpipe work in cellar through 2ND floor as per plans filed”
Property taxes
- Assessment
- $21,172,050
- 2026–27 tax
- $277,509
- Market value (city estimate)
- $47,049,000
- Taxable value
- $2,309,828
- Assessed land
- $1,077,300
- Assessed improvements
- $20,094,750
- Condo units with their own tax lots
- 2
Tax breaks
- 421-a exemption, through Jun 30, 2054, about $2,290,234 a year below the full tax.
Recent sales
- Jun 10, 2020: $101,350,000, Unit RES
Open-market sales since 2016, from the Department of Finance’s sales files.