# 68 Commercial Street, Brooklyn

Condominium · 3 units · built 2023 · Block 2482, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3024827501/68-commercial-street

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

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $129,059
- 2026–27 tax: $25,609
- Market value (city estimate): $2,151,000
- Taxable value: $129,059
- Assessed land: $35,820
- Assessed improvements: $93,239
- Condo units with their own tax lots: 3

## Zoning

M1-2/R6: floor area ratio 2.24 built, 2.43 allowed by base zoning.

## Recent sales

- Jan 27, 2025: $3,295,000, Apt 1
- Jan 16, 2025: $1,934,675, Apt 2

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.

## In the news

[68 Commercial Street Rises in Greenpoint, Brooklyn](https://newyorkyimby.com/2023/08/68-commercial-street-rises-in-greenpoint-brooklyn.html), New York YIMBY, Aug 6, 2023.

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