551 Flushing Avenue, Brooklyn
Condominium · 14 units · built 2003 · Block 2264, Lot 7510.
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Building permits
Permit records are unavailable right now; the map lists them once the city responds.
Property taxes
- Assessment
- $1,372,500
- 2026–27 tax
- $138,992
- Market value (city estimate)
- $3,050,002
- Taxable value
- $1,211,258
- Assessed land
- $56,250
- Assessed improvements
- $1,316,250
- Condo units with their own tax lots
- 14
Tax breaks
- Co-op and condo abatement, with no end date, a $11,677 credit this tax year.
Zoning
R7-1: floor area ratio 4.38 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
- Dec 28, 2023: $500,000, Apt 6L
- May 24, 2018: $950,000, Apt 7L
- Oct 14, 2016: $600,000, Apt 1R
Open-market sales since 2016, from the Department of Finance’s sales files.