555 Grand Street, Brooklyn
Apartment building · 12 units · built c. 1920 · Block 2779, Lot 31.
Building permits
- Alteration, filed Oct 26, 2018, estimated cost $7K, 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 Oct 26, 2018, estimated cost $10K, described as “Installation of scaffold as per drawings. Scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application”
- Alteration, filed Jun 4, 2018, estimated cost $3K, described as “Installation of temporary pipe scaffold as per plans. Pipe scaffold shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
Property taxes
- Assessment
- $1,474,200
- 2026–27 tax
- $2,706
- Market value (city estimate)
- $3,276,000
- Taxable value
- $21,751
- Assessed land
- $113,850
- Assessed improvements
- $1,360,350
Tax breaks
- 421-a exemption, through Jun 30, 2055, about $180,670 a year below the full tax.
Zoning
R7A: floor area ratio 3.56 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 7, 2022: $9,615,385
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Affordable Housing Units Still Available at 555 Grand Street in Williamsburg, Brooklyn, New York YIMBY, Apr 28, 2021.