427 Marcy Avenue, Brooklyn
Apartment building · 24 units · built 2019 · Block 2245, Lot 5.
Building permits
- Alteration, filed Jan 21, 2021, estimated cost $1K, described as “Curb cut filed in conjunction with NB #321276445”
- Alteration, filed Jul 3, 2020, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Feb 19, 2020, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 14, 2020, estimated cost $1K, described as “Mechanical filed in conjunction with the NB application 321276445.”
- Alteration, filed Dec 4, 2019, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $5,285,250
- 2026–27 tax
- $657,432
- Market value (city estimate)
- $11,745,000
- Taxable value
- $5,285,250
- Assessed land
- $745,200
- Assessed improvements
- $4,540,050
Zoning
R7A: floor area ratio 4.40 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
In the news
427 Marcy Avenue Nears Completion in South Williamsburg, Brooklyn, New York YIMBY, May 10, 2025.