221 South 4th Street, Brooklyn
Apartment building · 7 units · built c. 1905 · Block 2433, Lot 38.
Building permits
- Alteration, filed May 8, 2024, estimated cost $1K, described as “Proposed installation of temporary light duty pipe scaffold as per plans. Work shall comply with chapter #33 of 2022 the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 15, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Aug 23, 2023, estimated cost $2K, described as “Fence application hereby being filed in conjunction to alt-co B08051094-I1”
- Major Renovation — Enlargement, filed Jan 6, 2023, estimated cost $1.5M, 5 units added, 4 stories, described as “Alteration type 1 application for enlargement to existing 3 story + cellar residential use building. Proposed 4 story+ cellar, penthouse mixed use building.”
Property taxes
- Assessment
- $1,535,400
- 2026–27 tax
- $29,871
- Market value (city estimate)
- $3,412,000
- Taxable value
- $240,142
- Assessed land
- $140,400
- Assessed improvements
- $1,395,000
Zoning
R6: floor area ratio 2.82 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
- Aug 1, 2023: $2,400,000
Open-market sales since 2016, from the Department of Finance’s sales files.