# 515 Flushing Avenue, Brooklyn

Condominium · 44 units · built 2010 · Block 2263, Lot 7508.

On Umarelli: https://umarelli.org/nyc/3022637508/515-flushing-avenue

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

Every lot on block 2263: https://umarelli.org/nyc/brooklyn/2263.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $7,848,518
- 2026–27 tax: $622,745
- Market value (city estimate): $17,441,056
- Taxable value: $5,109,827
- Assessed land: $516,624
- Assessed improvements: $7,331,894
- Condo units with their own tax lots: 88

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2037, about $103,425 a year below the full tax.
- 421-a exemption, through Jun 30, 2027, about $130,133 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.75 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 22, 2025: $500,000, Apt 2C
- Sep 30, 2024: $1,221,900, Apt 4B
- Dec 8, 2021: $1,076,736, Apt 6C
- Mar 22, 2018: $815,000, Apt 5B
- Mar 8, 2018: $725,783, Apt 3A
- Nov 7, 2017: $499,000, Apt 2C
- Sep 18, 2017: $682,227, Apt 4D
- Aug 22, 2017: $699,750, Apt 3A
- Aug 22, 2017: $460,500, Apt 3B
- Aug 22, 2017: $587,625, Apt 3C

The 10 most recent of 24 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