176 Borinquen Place, Brooklyn
Co-op · 26 units · built c. 1915 · Block 2412, Lot 4.
Building permits
- Alteration, filed Aug 30, 2024, estimated cost $10K, described as “Installation of high pressure boiler for steam processing to service Dry Cleaners. BL worktype in subsequent filing”
Property taxes
- Assessment
- $1,377,900
- 2026–27 tax
- $69,243
- Market value (city estimate)
- $3,062,000
- Taxable value
- $556,660
- Assessed land
- $145,800
- Assessed improvements
- $1,232,100
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $88,518 a year below the full tax.
Zoning
R6: floor area ratio 5.99 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 2, 2023: $130,000
Open-market sales since 2016, from the Department of Finance’s sales files.