# 70 Freeman Street, Brooklyn

Industrial · built 1955 · Block 2511, Lot 12.

On Umarelli: https://umarelli.org/nyc/3025110012/70-freeman-street

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

## Building permits

- Alteration, filed May 6, 2026, estimated cost $225K, described as “Partial demolition of 1 story building”
- Major Renovation — Enlargement, filed Apr 22, 2025, estimated cost $5.3M, 10 units added, 5 stories, described as “Proposed alt-co/NB 5 story residential building with existing elements to remain”

## Property taxes

- Assessment: $245,700
- 2026–27 tax: $26,654
- Market value (city estimate): $546,000
- Taxable value: $245,700
- Assessed land: $46,800
- Assessed improvements: $198,900

## Zoning

R6B: floor area ratio 1.00 built, 2.00 allowed by base zoning.

## Recent sales

- Apr 16, 2026: $7,500,000, 5,000 sq ft, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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 11 ft (NAVD88).

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