254 Wallabout Street, Brooklyn
Condominium · 22 units · built c. 1931 · Block 2264, Lot 7504.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,222,523
- 2026–27 tax
- $137,677
- Market value (city estimate)
- $2,716,744
- Taxable value
- $1,214,285
- Assessed land
- $114,745
- Assessed improvements
- $1,107,778
- Condo units with their own tax lots
- 23
Tax breaks
- Co-op and condo abatement, with no end date, a $11,771 credit this tax year.
Zoning
R7-1: floor area ratio 4.40 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
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
- Sep 25, 2017: $250,000, Apt 3
Open-market sales since 2016, from the Department of Finance’s sales files.