# 159 Broadway, Brooklyn

Hotel · built 2019 · Block 2457, Lot 34.

On Umarelli: https://umarelli.org/nyc/3024570034/159-broadway

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

## Building permits

- New Building — Mid-Rise, filed Dec 11, 2025, 99 units, 12 stories, early work permitted while the building plans are in review, described as “(Please assign to the dev hub to the same examiner as job #320911233) PROPOSED NEW TWELVE STORY AND CELLAR MIXED USE BUILDING”
- Alteration, filed Oct 13, 2026, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 8, 2026, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 20, 2026, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 14, 2026, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 14, 2026, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 2, 2026, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 13, 2025, estimated cost $1K, described as “Structural work as per plans filed. No change in use egress or occupancy. In conjunction with NB# 320911233”
- Alteration, filed Oct 10, 2024, estimated cost $1K, described as “Boiler filing as per plans filed filed”
- Alteration, filed Oct 9, 2024, estimated cost $1K, described as “Installation of fuel oil generator located on the roof filed in conjunction with new building #320911233”
- Alteration, filed Jul 24, 2024, estimated cost $800K, described as “Sprinkler and Standpipe work filed in conjunction with NB #320911233. No change to Use, Egress, or Occupancy.”
- Alteration, filed Mar 21, 2024, estimated cost $5K, described as “Temporary Construction Fence”
- Alteration, filed Apr 4, 2021, estimated cost $5K, described as “New 21' curb cut including 2- 2'-6" splays located on the North side of Broadway 211'-3 1/2" West Driggs Avenue. Curb cut filed in conjunction with 320911233 & 321779009.”
- Alteration, filed Jul 30, 2019, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 20, 2018, estimated cost $5K, described as “New 12'-0" including 2-2'-6" splays located on the North side of Broadway, 139'-6"" west of Driggs Avenue. Curb cut filed in conjunction with 320911233 & 321779009.”
- Alteration, filed Apr 19, 2018, estimated cost $5K, described as “Hereby filing a 8'-0" High Construction Fence application to be erected around the perimeter of a site at 159 Broadway during New Building Construction Operations.”

## Property taxes

- Assessment: $1,405,800
- 2026–27 tax: $152,501
- Market value (city estimate): $3,124,000
- Taxable value: $1,405,800
- Assessed land: $833,400
- Assessed improvements: $572,400

## Zoning

C4-3: floor area ratio 12.10 built, above the 3.40 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 21, 2026: $30,000,000, 112,041 sq ft, sold with other lots
- Nov 14, 2022: $32,000,000, sold with other lots
- Nov 27, 2017: $26,249,000

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

## Flood zone

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

## In the news

[Work Starts on New Project at Long-Stalled Site Next to Landmarked ‘Burg Bank](https://www.brownstoner.com/development/new-development-159-broadway-williamsburgh-savings-bank-sept-2026/), Brownstoner, Sep 11, 2026.

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