85 Commercial Street, Brooklyn

Condominium · 766 units · built 2021 · Block 2472, Lot 7505.

Building permits

Property taxes

Assessment
$96,291,901
2026–27 tax
$236,626
Market value (city estimate)
$213,982,000
Taxable value
$1,911,097
Assessed land
$6,048,000
Assessed improvements
$90,243,901
Condo units with their own tax lots
5

Tax breaks

Zoning

R6: floor area ratio 5.42 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 12 ft (NAVD88).

In the news

Tower 77’s Façade Wraps Up at 77 Commercial Street in Greenpoint, Brooklyn, New York YIMBY, Aug 18, 2023.

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