481 Wythe Avenue, Brooklyn
Commercial · built c. 1915 · Block 2156, Lot 5.
Building permits
- New Building — Multi-Family, filed May 4, 2026, 3 units, 5 stories, described as “Proposing new 5 story with cellar 3 unit residential building”
- Alteration, filed Oct 6, 2026, 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 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Sep 15, 2026, estimated cost $1K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of 2022 the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed May 28, 2026, estimated cost $6K, described as “Proposed to cut, cap and demolish sprinkler system in conjunction with full demo job # B01361537. No change to use, egress or occupancy under this application.”
- Demolition, filed Apr 22, 2026, estimated cost $100K, described as “Full demolition to a two story building”
Property taxes
- Assessment
- $723,150
- 2026–27 tax
- $59,224
- Market value (city estimate)
- $1,607,000
- Taxable value
- $545,940
- Assessed land
- $61,200
- Assessed improvements
- $661,950
Zoning
R6: floor area ratio 1.41 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 31, 2025: $5,800,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- KENT AVE REZONING/PARK PLAZA (City Planning P1999K0085): Completed, decided Feb 16, 1999. 99DCP009K: DCP IS PROPOSING A ZONING MAP AMENDMENT FRO M1-2 TO R6 AND R 7X FOR SIX BLOCKS IN THE KENT AVENUE AREA OF WILLIAMSBURG, C .B.#1