# 1048 Flushing Avenue, Brooklyn

Condominium · 8 units · built 2022 · Block 3155, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3031557502/1048-flushing-avenue

More construction in Bushwick: https://umarelli.org/nyc/brooklyn/bushwick.md

## Building permits

- New Building — Multi-Family, filed Feb 24, 2022, estimated cost $103K, 8 units, 4 stories, described as “Proposed 4 story mezzanine and cellar residential”
- Alteration, filed Apr 25, 2022, estimated cost $32K, described as “Filing plumbing work type in conjunction with NB job number B00685330”

## Property taxes

- Assessment: $817,651
- 2026–27 tax: $82,260
- Market value (city estimate): $1,817,002
- Taxable value: $765,348
- Assessed land: $140,852
- Assessed improvements: $676,799
- Condo units with their own tax lots: 8

## Tax breaks

- Co-op and condo abatement, with no end date, a $12,942 credit this tax year.

## Zoning

R6: floor area ratio 2.62 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 31, 2025: $960,000, Apt 3R
- Jul 21, 2025: $905,000, Apt 3L
- Jul 14, 2025: $950,000, Apt 2R
- Jun 27, 2025: $1,050,000, Apt 1R
- Jun 24, 2025: $998,800, Apt 1L
- Jun 18, 2025: $905,000, Apt 2L
- Jun 18, 2025: $1,425,000, Apt 4R

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

[Permits Filed for 1048 Flushing Avenue in Bushwick, Brooklyn](https://newyorkyimby.com/2023/06/permits-filed-for-1048-flushing-avenue-in-bushwick-brooklyn.html), New York YIMBY, Jun 23, 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