# 254 Wallabout Street, Brooklyn

Condominium · 22 units · built c. 1931 · Block 2264, Lot 7504.

On Umarelli: https://umarelli.org/nyc/3022647504/254-wallabout-street

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

Every lot on block 2264: https://umarelli.org/nyc/brooklyn/2264.md

## 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.

## Recent sales

- Sep 25, 2017: $250,000, Apt 3

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