# 386 South 5th Street, Brooklyn

Apartment building · 35 units · built c. 1913 · Block 2463, Lot 21.

On Umarelli: https://umarelli.org/nyc/3024630021/386-south-5-street

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

## 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.

## 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.

## Flood zone

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

## In the news

[Affordable Housing Lottery Launches for 293 and 301 Hooper Street in Williamsburg, Brooklyn](https://newyorkyimby.com/2021/03/affordable-housing-lottery-launches-for-293-and-301-hooper-street-in-williamsburg-brooklyn.html), New York YIMBY, Mar 30, 2021.

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