# 330 Melrose Street, Brooklyn

Apartment building · 54 units · built c. 1931 · Block 3165, Lot 17.

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On Umarelli: https://umarelli.org/nyc/3031650017/330-melrose-street

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

## Building permits

- Alteration, filed Nov 12, 2024, estimated cost $15K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 9, 2024, estimated cost $10K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy. Shall comply with CHAPTER#33 of 2022 NYC building code.”
- Alteration, filed Oct 9, 2024, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Major Renovation — Conversion, filed Feb 2, 2024, estimated cost $525K, 54 units added, 4 stories, described as “Existing 4 story commercial building, to be converted into a 54 family residential buidling”

## Property taxes

- Assessment: $1,685,250
- 2026–27 tax: $63,457
- Market value (city estimate): $3,745,000
- Taxable value: $510,146
- Assessed land: $135,000
- Assessed improvements: $1,550,250

## Tax breaks

- 467-m exemption, through Jun 30, 2060, about $117,849 a year below the full tax.

## Zoning

R6: floor area ratio 3.65 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- May 15, 2024: $5,500,000

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 330 Melrose Street in Bushwick, Brooklyn](https://newyorkyimby.com/2025/10/affordable-housing-lottery-launches-for-330-melrose-street-in-bushwick-brooklyn.html), New York YIMBY, Oct 4, 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