# 78 Commercial Street, Brooklyn

Parking · Block 2478, Lot 1.

On Umarelli: https://umarelli.org/nyc/3024780001/78-commercial-street

More construction in Greenpoint: https://umarelli.org/nyc/brooklyn/greenpoint.md

## Building permits

- New Building — Non-residential, filed Dec 17, 2024, 3 stories, described as “Construction of 3 story new building. Hub project, consultation held on Sept 16, 2024”

## Property taxes

- Assessment: $269,100
- 2026–27 tax: $20,102
- Market value (city estimate): $598,000
- Taxable value: $185,310
- Assessed land: $269,100

## Zoning

M1-2: floor area ratio 0.00 built, 2.00 allowed by base zoning.

## Recent sales

- Jun 6, 2024: $1,500,000, 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. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

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