# 150 North 1st Street, Brooklyn

Commercial · built 2022 · Block 2380, Lot 20.

On Umarelli: https://umarelli.org/nyc/3023800020/276-bedford-avenue

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

## Building permits

- New Building, filed Mar 23, 2021, 2 stories, described as “2 story & cellar commercial building”
- Alteration, filed Apr 24, 2025, estimated cost $70K, described as “Interior tenant renovation.”
- Alteration, filed Nov 15, 2024, estimated cost $15K, described as “Mechanical work associated with new tenant build out for 'Aescape" per plans filed herewith. No change in egress, use or occupancy”
- Alteration, filed Nov 14, 2024, estimated cost $153K, described as “New Tenant Build out for "Aescape". Remove/install non load bearing partitions, flooring, finished and fixtures per plans filed herewith. No change in egress use or occupancy.”
- Alteration, filed Nov 5, 2024, estimated cost $234, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Nov 5, 2024, estimated cost $234, described as “Erect an illuminated business accessory blade sign. No change in use, egress, or occupancy.”
- Alteration, filed Nov 5, 2024, estimated cost $936, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Nov 5, 2024, estimated cost $819, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Jun 10, 2022, estimated cost $5K, described as “Installation of 300PSF sidewalk shed, overhead protection and pipe scaffolding as per plans, all equipment shall comply with chapter # 33 of the NYC code 2014, no changes in use egress or occupancy under this application.”
- Alteration, filed Jul 28, 2021, estimated cost $1K, described as “Installation of temporary construction fence filed in conjunction with NB # B00480477-I1.”

## Property taxes

- Assessment: $900,450
- 2026–27 tax: $16,943
- Market value (city estimate): $2,001,000
- Taxable value: $850,410
- Assessed land: $123,300
- Assessed improvements: $777,150

## Tax breaks

- ICAP abatement, through Jun 30, 2050, a $75,310 credit this tax year.

## Zoning

R6B: floor area ratio 2.89 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 30, 2025: $10,000,000
- May 15, 2020: $4,150,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## Board and land use applications

- Bedford Ave Overlay Extension (City Planning 2019K0211): Completed, filed Oct 23, 2019, decided Feb 8, 2021. A zoning map amendment to map a C2-4 commercial overlay over an existing R6B district to facilitate the development of 3-story, 5,400 square foot mixed use development, including approximately 2,200 square feet of ground floor commercial…

## In the news

[276 Bedford Avenue Completes Construction in Williamsburg, Brooklyn](https://newyorkyimby.com/2023/09/276-bedford-avenue-completes-construction-in-williamsburg-brooklyn.html), New York YIMBY, Sep 10, 2023.

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