724 Bedford Ave, Brooklyn
Condominium · 7 units · built 2015 · Block 2262, Lot 7510.
Building permits
- Alteration, filed Oct 11, 2018, estimated cost $5K, described as “New 10'-0" curb cut including 2 - 1'-6" splays located on the west side of bedford avenue 40'-0 3/4" north of flushing avenue.”
- Alteration, filed Apr 23, 2018, described as “Installation of temporary scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
Property taxes
- Assessment
- $2,052,451
- 2026–27 tax
- $84,129
- Market value (city estimate)
- $4,561,000
- Taxable value
- $676,330
- Assessed land
- $227,701
- Assessed improvements
- $1,824,750
- Condo units with their own tax lots
- 7
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $93,652 a year below the full tax.
Zoning
R7-1: floor area ratio 3.21 built, 3.44 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 19, 2022: $995,000, Apt 1
- Apr 27, 2021: $999,000, Apt 5
- Aug 19, 2020: $995,000, Apt 4
- May 26, 2020: $962,246, Apt 7
Open-market sales since 2016, from the Department of Finance’s sales files.