386 South 5th Street, Brooklyn
Apartment building · 35 units · built c. 1913 · Block 2463, Lot 21.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,357,200
- 2026–27 tax
- $23,801
- Market value (city estimate)
- $3,016,000
- Taxable value
- $0
- Assessed land
- $113,850
- Assessed improvements
- $1,243,350
Tax breaks
- Article XI exemption, through Jun 30, 2027, about $168,822 a year below the full tax.
Zoning
R6: floor area ratio 5.40 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 26, 2019: $5,400,000, Apt 33, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Affordable Housing Lottery Launches for 293 and 301 Hooper Street in Williamsburg, Brooklyn, New York YIMBY, Mar 30, 2021.