437 Marcy Avenue, Brooklyn
Condominium · 23 units · built 2008 · Block 2249, Lot 7501.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,988,547
- 2026–27 tax
- $212,307
- Market value (city estimate)
- $4,419,004
- Taxable value
- $1,835,674
- Assessed land
- $373,052
- Assessed improvements
- $1,615,495
- Condo units with their own tax lots
- 38
Tax breaks
- Co-op and condo abatement, with no end date, a $14,877 credit this tax year.
Zoning
R7A: floor area ratio 3.27 built, 4.00 allowed by base zoning.
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.
Recent sales
- Jan 13, 2025: $1,300,000, Apt 6B
- Feb 27, 2019: $726,570, Apt 3B
- Oct 28, 2018: $254,000, Apt 2B
- Oct 20, 2016: $430,000, Apt 4B
- Aug 18, 2016: $999,500, Apt 6B
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Variance or special permit (Board of Standards and Appeals 66-02-BZ): Variance or special permit, Granted, filed Feb 20, 2001, decided Sep 16, 2003. Variance (§72-21) to permit, in an M3 1 zoning district, the construction of a 23 unit, six story and cellar residential building, which is contrary to Z.R. §42 00.