# 427 Marcy Avenue, Brooklyn

Apartment building · 24 units · built 2019 · Block 2245, Lot 5.

On Umarelli: https://umarelli.org/nyc/3022450005/427-marcy-avenue

More construction in Williamsburg: https://umarelli.org/nyc/brooklyn/williamsburg.md

Every lot on block 2245: https://umarelli.org/nyc/brooklyn/2245.md

## 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](https://newyorkyimby.com/2025/05/427-marcy-avenue-nears-completion-in-south-williamsburg-brooklyn.html), New York YIMBY, May 10, 2025.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology