# 132 Melrose Street, Brooklyn

Industrial · built 2009 · Block 3162, Lot 21.

On Umarelli: https://umarelli.org/nyc/3031620021/132-melrose-street

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

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $201,600
- 2026–27 tax: $8,348
- Market value (city estimate): $448,000
- Taxable value: $76,950
- Assessed land: $34,650
- Assessed improvements: $166,950

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2036, about $13,522 a year below the full tax.

## Zoning

M1-1: floor area ratio 2.05 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 132 Melrose Street Rezoning (City Planning 2024K0196): Zoning map change, Zoning text change, Completed, filed Oct 27, 2025. An application by Melrose Towers Corp. for a zoning map amendment (M1-1 to R6A/M1-2A (MX-22)) and a zoning text amendment (Appendix F) to facilitate a new 6-story, 24,653 zsf mixed-use development, with 18 DU’s (5 MIH) and 6k sf of ground…
- Bushwick Neighborhood Plan (City Planning 2019K0199): Completed. This is an application for a 300-block section of Bushwick, Brooklyn, Community District 4 to create a thriving and inclusive Bushwick through preservation and creation of affordable housing, targeted investments in neighborhood…

## In the news

[New Rendering Revealed for 132–136 Melrose Street in Bushwick, Brooklyn](https://newyorkyimby.com/2025/10/new-rendering-revealed-for-132-136-melrose-street-in-bushwick-brooklyn.html), New York YIMBY, Oct 15, 2025.

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