# 297 North 7th Street, Brooklyn

Private school · built 2014 · Block 2323, Lot 45.

On Umarelli: https://umarelli.org/nyc/3023230045/297-north-7-street

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

## Building permits

- Major Renovation — Conversion, filed Jul 24, 2025, estimated cost $5.6M, 21 units added, 10 stories, described as “Proposed alteration of an existing nine (9) story + mezzanine community facility use building; converting to a ten (10) story mixed use building.”

## Property taxes

- Assessment: $3,749,850
- 2026–27 tax: $89,365
- Market value (city estimate): $8,333,000
- Taxable value: $3,575,880
- Assessed land: $123,300
- Assessed improvements: $3,626,550

## Tax breaks

- ICAP abatement, through Jun 30, 2041, a $298,547 credit this tax year.

## Zoning

M1-2/R6: floor area ratio 4.58 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 297 North 7th Street in Williamsburg, Brooklyn](https://newyorkyimby.com/2025/08/permits-filed-for-297-north-7th-street-in-williamsburg-brooklyn.html), New York YIMBY, Aug 2, 2025.

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