# 577 Flushing Avenue, Brooklyn

Condominium · 16 units · built 2018 · Block 2264, Lot 7522.

On Umarelli: https://umarelli.org/nyc/3022647522/577-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

- Alteration, filed Sep 4, 2018, estimated cost $1K, described as “New curb cut filed in conjunction with NB #321105647”

## Property taxes

- Assessment: $3,482,106
- 2026–27 tax: $150,151
- Market value (city estimate): $7,737,998
- Taxable value: $1,259,778
- Assessed land: $337,504
- Assessed improvements: $3,144,602
- Condo units with their own tax lots: 24

## Tax breaks

- 421-a exemption, through Jun 30, 2034, about $231,304 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.26 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 19, 2023: $45,000, Apt P1, sold with other lots
- Aug 25, 2020: $814,600, Apt 7R
- Aug 14, 2020: $1,242,265, Apt 3L
- Aug 11, 2020: $875,695, Apt 7L
- Jun 30, 2020: $955,000, Apt 8L
- Mar 25, 2020: $950,000, Apt 8R
- Mar 6, 2020: $661,863, Apt 7F
- Mar 3, 2020: $712,775, Apt 5F
- Feb 25, 2020: $1,242,265, Apt 3R
- Feb 5, 2020: $845,148, Apt 6L

The 10 most recent of 16 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