# 58 Gerry Street, Brooklyn

Condominium · 23 units · built 2018 · Block 2269, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3022697501/58-gerry-street

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

Every lot on block 2269: https://umarelli.org/nyc/brooklyn/2269.md

## Building permits

- Alteration, filed Dec 7, 2018, estimated cost $1K, described as “Installation of sidewalk shed and support scaffold in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy”

## Property taxes

- Assessment: $5,590,354
- 2026–27 tax: $543,664
- Market value (city estimate): $12,423,002
- Taxable value: $5,445,637
- Assessed land: $361,352
- Assessed improvements: $5,229,002
- Condo units with their own tax lots: 24

## Tax breaks

- Co-op and condo abatement, with no end date, a $43,663 credit this tax year.

## Zoning

R7A: floor area ratio 5.29 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 29, 2021: $1,639,383, Apt 6D
- Nov 24, 2021: $763,688, Apt 6C
- Nov 9, 2021: $995,000, Apt 7A
- Oct 21, 2021: $733,140, Apt 4D
- Oct 19, 2021: $1,290,632, Apt 3B
- Sep 20, 2021: $10,500,000, Apt C1, sold with other lots
- Aug 31, 2021: $1,426,875, Apt 7D
- Jul 20, 2021: $886,488, Apt 4A
- Jun 10, 2021: $995,000, Apt 7C
- May 12, 2021: $1,518,750, Apt 4B

The 10 most recent of 23 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