# 555 Flushing Avenue, Brooklyn

Condominium · 14 units · built 2003 · Block 2264, Lot 7511.

On Umarelli: https://umarelli.org/nyc/3022647511/555-flushing-avenue

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: $1,340,552
- 2026–27 tax: $133,729
- Market value (city estimate): $2,978,998
- Taxable value: $1,179,134
- Assessed land: $56,252
- Assessed improvements: $1,284,300
- Condo units with their own tax lots: 14

## Tax breaks

- Co-op and condo abatement, with no end date, a $12,944 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.

## Recent sales

- May 18, 2026: $999,999, Apt 6R
- May 28, 2025: $975,000, Apt 2R
- Feb 20, 2025: $505,000, Apt 6L
- Dec 18, 2024: $995,000, Apt 4R
- Aug 31, 2022: $900,000, Apt 3R
- Jun 16, 2021: $295,000, Apt 2R
- Dec 12, 2019: $650,000, Apt 5R
- Feb 5, 2019: $117,500, Apt 1R

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