# 176 Borinquen Place, Brooklyn

Co-op · 26 units · built c. 1915 · Block 2412, Lot 4.

On Umarelli: https://umarelli.org/nyc/3024120004/176-borinquen-place

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

Every lot on block 2412: https://umarelli.org/nyc/brooklyn/2412.md

## 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.

## Recent sales

- Nov 2, 2023: $130,000

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

## Flood zone

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

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