# 724 Bedford Ave, Brooklyn

Condominium · 7 units · built 2015 · Block 2262, Lot 7510.

On Umarelli: https://umarelli.org/nyc/3022627510/724-bedford-ave

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

Every lot on block 2262: https://umarelli.org/nyc/brooklyn/2262.md

## 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.

## 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.

## 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.

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