# 322 Wallabout Street, Brooklyn

Condominium · 38 units · built 2022 · Block 2265, Lot 7504.

On Umarelli: https://umarelli.org/nyc/3022657504/322-wallabout-street

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

## Building permits

- New Building — Multi-Family, filed Apr 14, 2021, 38 units, 8 stories, described as “Eight (8) Story New Building”
- Alteration, filed Mar 25, 2026, estimated cost $1K, described as “Installation of new plumbing fixtures”
- Alteration, filed Feb 4, 2026, estimated cost $241K, described as “Herewith filing for interior renovations, filed in conjunction to alt-co application to change use to doctors office.”
- Alteration, filed Jun 5, 2025, estimated cost $200, described as “Boiler Application Herewith filed in conjunction with NB job number B00497203-I1”
- Alteration, filed Apr 19, 2023, described as “Installation of temporary supported scaffold in conjunction with NB # B00497203-I1 per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Mar 16, 2023, estimated cost $10K, described as “Bldg D -Installation of 6,000# temporary dual car personnel/material hoists (during new building construction # B00497203 per plan and application submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress…”
- Alteration, filed Jan 27, 2023, described as “Installation of temporary heavy duty sidewalk shed in conjunction with NB # B00497203 per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 28, 2021, described as “Plumbing application filed in conjunction with NB application #B00497203-I1”
- Alteration, filed Dec 7, 2021, described as “Installation of temporary fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 8, 2021, estimated cost $200, described as “SP/SD system filed in conjunction with NB application B00497203”
- Alteration, filed Oct 6, 2021, described as “Application filed for soe work”
- Alteration, filed Oct 4, 2021, described as “Temporary Standpipe in conjunction with NB Job number B00497203-I1”
- Alteration, filed Jul 29, 2021, described as “Mechanical system filed in conjunction with NB application B00497203”
- Alteration, filed Jun 17, 2021, described as “New Structure”

## Property taxes

- Assessment: $12,176,295
- 2026–27 tax: $1,385,425
- Market value (city estimate): $27,058,410
- Taxable value: $11,815,009
- Assessed land: $1,575,008
- Assessed improvements: $10,601,287
- Condo units with their own tax lots: 35

## Tax breaks

- Co-op and condo abatement, with no end date, a $17,134 credit this tax year.

## Zoning

R8A: floor area ratio 6.21 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 28, 2026: $1,170,988, Apt 8D
- Jan 26, 2026: $3,200,000, Apt 6F
- Jan 8, 2026: $1,323,725, Apt 8A
- Dec 29, 2025: $3,470,550, Apt 6E
- Dec 17, 2025: $1,221,900, Apt 4D
- Dec 11, 2025: $3,318,701, Apt 5F
- Nov 26, 2025: $1,323,725, Apt 6B
- Nov 24, 2025: $5,272,498, Apt G2
- Nov 4, 2025: $1,288,000, Apt 7B
- Nov 3, 2025: $1,374,638, Apt 7A

The 10 most recent of 13 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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
