721 Flushing Avenue, Brooklyn
Condominium · 14 units · built 2006 · Block 2276, Lot 7501.
Building permits
- Alteration, filed Dec 26, 2021, estimated cost $9K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
- Alteration, filed Nov 30, 2021, estimated cost $6K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
- Alteration, filed Sep 17, 2021, estimated cost $8K, described as “Suspended scaffold at front facade of 7 story mixed use building with outrigger beam w/ tieback anchor to parapet clamp. No change in egress, use or bulk. See plans filed herewith”
- Alteration, filed Apr 15, 2019, estimated cost $5K, described as “Installation of construction equipment- fixed outrigger hanging scaffold required for facade repairs. In conjunction with job #321935448. No change to use, egress or occupancy.”
- Alteration, filed Dec 29, 2018, estimated cost $5K, described as “Alteration type 3 - construction equipment - sidewalk-shed proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet.…”
Property taxes
- Assessment
- $1,790,102
- 2026–27 tax
- $24,080
- Market value (city estimate)
- $3,978,003
- Taxable value
- $216,737
- Assessed land
- $131,402
- Assessed improvements
- $1,658,700
- Condo units with their own tax lots
- 24
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $156,279 a year below the full tax.
- ICAP/ICIP exemption, through Jun 30, 2032, about $24,333 a year below the full tax.
Zoning
C4-3: floor area ratio 4.24 built, above the 3.40 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jan 31, 2025: $790,000, Apt 6C
- Jul 26, 2024: $940,000, Apt 7A
- Aug 21, 2023: $770,000, Apt 6C
- Jul 27, 2022: $775,000, Apt 3A
- Jun 2, 2022: $520,000, Apt 5B
- Feb 8, 2022: $750,000, Apt 6A
- May 6, 2020: $900,000, Apt 7B
- Apr 24, 2020: $710,000, Apt 4C
- Mar 7, 2018: $490,000, Apt 5B
Open-market sales since 2016, from the Department of Finance’s sales files.