559 Flushing Avenue, Brooklyn
Condominium · 13 units · built 2002 · Block 2264, Lot 7512.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,352,705
- 2026–27 tax
- $144,573
- Market value (city estimate)
- $3,006,001
- Taxable value
- $1,192,661
- Assessed land
- $57,154
- Assessed improvements
- $1,295,551
- Condo units with their own tax lots
- 13
Tax breaks
- Co-op and condo abatement, with no end date, a $3,783 credit this tax year.
Zoning
R7-1: floor area ratio 4.17 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 5, 2023: $998,000, Apt 2L
- Aug 2, 2023: $995,000, Apt 6R
- Apr 22, 2021: $765,000, Apt 3R
- Mar 27, 2020: $650,000, Apt 7R
- May 19, 2017: $600,000, Apt 5R
Open-market sales since 2016, from the Department of Finance’s sales files.