# 437 Marcy Avenue, Brooklyn

Condominium · 23 units · built 2008 · Block 2249, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3022497501/437-marcy-avenue

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

Every lot on block 2249: https://umarelli.org/nyc/brooklyn/2249.md

## 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.

## 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.

## 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.

## 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.

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