# 314 Scholes Street, Brooklyn

Commercial · built c. 1920 · Block 3047, Lot 15.

On Umarelli: https://umarelli.org/nyc/3030470015/314-scholes-street

More construction in East Williamsburg: https://umarelli.org/nyc/brooklyn/east-williamsburg.md

## Building permits

- Alteration, filed May 13, 2026, estimated cost $10K, described as “Installation of new gas meter and new gas piping distribution for new tenant on the 2nd floor.”
- Alteration, filed May 13, 2026, estimated cost $15K, described as “Installation of Exhaust Fan, Outdoor Supply Fan, Electric Duct Heater and Associated Exhaust and Make-up Air ductwork as required.”
- No Work, filed May 21, 2025, described as “Local comic book featuring local artists and vendors”
- No Work, filed May 21, 2025, described as “Local comic book fair featuring local artists and vendors.”
- No Work, filed May 21, 2025, described as “Local comic event fair featuring local artists and vendors”
- Alteration, filed Apr 28, 2025, estimated cost $10K, described as “The project scope of work includes the installation of metal coping, & metal cladding at existing masonry parapets, as well as providing metal sills and sealant at existing windows to address water infiltration issues. Miscellaneous roof…”
- Alteration, filed Sep 11, 2023, estimated cost $51K, described as “Install new plumbing fixtures or replace existing. New sprinkler heads off of existing sprinkler system.”
- Alteration, filed Sep 11, 2023, estimated cost $119K, described as “Removal of interior non-load bearing partitions, new partitions, millwork and lighting.”
- No Work, filed May 22, 2023, described as “Local comic book fair featuring local artists and vendors”
- No Work, filed May 22, 2023, described as “Local comic book fair featuring local artists and vendors”
- Alteration, filed Jun 19, 2022, estimated cost $2K, described as “Installation of plumbing fixtures (2 SINKS with (2) Under Sink Drain Pump Systems, (2) Under Sink Instant Water Heaters ) as per plans filed herewith. No change to use, egress or occupancy.”
- No Work, filed Jun 9, 2022, described as “Local comic book fair featuring local artists and vendors”
- No Work, filed Jun 9, 2022, described as “Local comic book fair featuring local artist and vendors”
- No Work, filed Jun 7, 2022, described as “Local comic book fair featuring local artists and vendors.”
- Alteration, filed May 4, 2022, estimated cost $14K, described as “Installation of plumbing fixtures as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 3, 2022, estimated cost $10K, described as “Mechanical Modifications to include ductwork distribution and ceiling transfer fans. No change to use, egress or occupancy.”
- Alteration, filed May 3, 2022, estimated cost $2K, described as “Installation of sprinkler heads as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 1, 2022, estimated cost $6K, described as “B6: Partitions and finishes as per plans filed herewith. No change to use, egress occupancy,”
- Alteration, filed Nov 4, 2021, estimated cost $18K, described as “Install 8 new gas heaters and associated gas piping at the penthouse level for the existing outdoor portion of restaurant. No change in use, egress or occupancy.”
- No Work, filed Feb 19, 2021
- Alteration, filed Jul 2, 2020, estimated cost $20K, described as “Installation of new gas-fired rooftop HVAC unit as indicated on the drawings filed herein in conjunction with alt ii #340727397”
- Alteration, filed Jul 2, 2020, estimated cost $41K, described as “Installation of plumbing fixtures as indicated on the drawings filed herein in conjunction with alt ii #340727397”
- Alteration, filed Jul 2, 2020, estimated cost $20K, described as “Alteration of existing sprinkler system as required by tenant's buildout filed under alt ii #340727397”
- Alteration, filed Mar 2, 2020, estimated cost $30K, described as “Installation of plumbing fixtures”
- Alteration, filed Mar 2, 2020, estimated cost $30K, described as “Relocating existing equipment as per plans filed herewith.”

7 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/3030470015/314-scholes-street.

## Property taxes

- Assessment: $8,675,100
- 2026–27 tax: $483,031
- Market value (city estimate): $19,278,000
- Taxable value: $7,142,781
- Assessed land: $1,089,900
- Assessed improvements: $7,585,200

## Tax breaks

- ICAP abatement, through Jun 30, 2045, a $291,818 credit this tax year.

## Zoning

M1-1: floor area ratio 1.77 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 6, 2025: $19,250,000
- Aug 30, 2016: $27,833,333

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

[Waldo Inks Lease at The Breeze, at 315 Meserole Street in Bushwick, Brooklyn](https://newyorkyimby.com/2021/10/waldo-inks-lease-at-the-breeze-at-315-meserole-street-in-bushwick-brooklyn.html), New York YIMBY, Oct 17, 2021.

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