1 Division Avenue, Brooklyn
Vacant land · Block 2134, Lot 150.
Building permits
- New Building — Tower, filed Jan 8, 2024, 360 units, 39 stories, described as “To erect a new multi-story multi-family mixed use building”
- Alteration, filed Oct 13, 2026, estimated cost $3K, described as “Installation and use of temporary interior climbing platforms as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Sep 25, 2026, estimated cost $1K, described as “Construction fence as per drawings during NB const, filed sep. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence to be installed on roadway. Dot permits by others.”
- Alteration, filed Sep 23, 2026, estimated cost $3K, described as “Installation and use of temporary exterior climbing platforms as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Sep 8, 2026, estimated cost $5K, described as “Use of knuckleboom temporary construction equipment as per plans filed herewith. This application is filed in conjunction with NB B00975270-I1.”
- Alteration, filed Apr 14, 2025, estimated cost $20K, described as “Installation of a temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Apr 13, 2021, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Sep 4, 2020, estimated cost $5K, described as “Removal of entire sprinkler system on the 1ST and 2ND floors prior to full building demolition (separate DOB application). Building is vacant. No structural elements, or fire rated shafts, stairways, or corridors to be removed or damaged.”
Property taxes
- Assessment
- $626,940
- 2026–27 tax
- $101,441
- Market value (city estimate)
- $10,449,000
- Taxable value
- $511,217
- Assessed land
- $626,940
Zoning
R7-3: floor area ratio 0.00 built, 5.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).
Recent sales
- May 27, 2020: $51,190,527, 70,665 sq ft, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 470 Kent Ave. RD modification (City Planning 2025K0293): Filed, filed Feb 28, 2025, decided Apr 11, 2025. A non-ULURP modification of restrictive declaration by the declarant 470 Kent Ave. Associates to add a revised drawing exhibit
- 470 Kent Avenue Waterfront Certification (City Planning 2021K0236): Certification, Completed, decided Mar 22, 2022. A proposed mixed-use waterfront development, requiring a waterfront certification pursuant to ZR Sec 62-811(b).
- ROSE PLAZA ON THE RIVER (City Planning P2010K0027): Completed, decided Aug 22, 2014. The proposed text amendment will allow the Inclusionary Housing program to be applied to the proposed R7-3 district mapped on the west side of Kent Avenue between a line 850 feet south of Broadway and Division Avenue in the Borough of…
- Rose Plaza on the River Special Permit Renewal (City Planning P2014K0359): Completed, decided Aug 22, 2014. A Special Permit renewal application pursuant to ZR Sec. 11-43, and an Authorization renewal for Rose Plaza on the River development.
- ROSE PLAZA ON THE RIVER (City Planning P2008K0260): Completed, decided Aug 22, 2014. 08DCP056K: ZONING MAP AMENDMENT FROM M3-1 TO R7-3 WITH A C2-4
- ROSE PLAZA WATERFRONT (Chair Cert) (City Planning P2012K0233): Completed. This is a private application by Waterfront Realty II LLC requesting a Chair's Certification pursuant to ZR Sec. 62- 811 that the block 2134, Lot 1 is exempt from the visual corridor and the waterfront public access area requirement in the…
In the news
Foundations Progressing for Two-Tower Project at 80 Wharf Way in South Williamsburg, Brooklyn, New York YIMBY, Sep 1, 2026.