# 494 Manhattan Avenue, Brooklyn

Apartment building · 23 units · built 2021 · Block 2713, Lot 1.

On Umarelli: https://umarelli.org/nyc/3027130001/494-manhattan-avenue

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

## Building permits

- Alteration, filed Sep 9, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 1, 2021, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 21, 2021, estimated cost $10K, described as “Structural work type filed in conjunction with NB # 322039968”
- Alteration, filed May 27, 2021, estimated cost $23K, described as “Sprinkler work type filed in conjunction with NB#322039968”
- Alteration, filed Apr 27, 2021, estimated cost $15K, described as “Plumbing work type filed in conjunction with NB application #322039968.”
- Alteration, filed Apr 26, 2021, estimated cost $23K, described as “Mechanical work type filed in conjunction with NB #322039968”
- Alteration, filed Dec 22, 2020, estimated cost $7K, described as “Curb cut filed in conjunction with NB #322039968”
- Alteration, filed Jul 16, 2020, estimated cost $82K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed May 12, 2020, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”

## Property taxes

- Assessment: $2,984,850
- 2026–27 tax: $31,906
- Market value (city estimate): $6,633,000
- Taxable value: $256,500
- Assessed land: $161,100
- Assessed improvements: $2,823,750

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $339,379 a year below the full tax.

## Zoning

M1-2/R6: floor area ratio 2.81 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 28, 2022: $24,375,000
- Jan 29, 2020: $6,250,000, 7,108 sq ft ($879 per sq ft)

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 494 Manhattan Avenue in Greenpoint, Brooklyn](https://newyorkyimby.com/2023/07/affordable-housing-lottery-launches-for-494-manhattan-avenue-in-greenpoint-brooklyn.html), New York YIMBY, Jul 5, 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