427 Troutman Street, Brooklyn
Commercial · built c. 1931 · Block 3177, Lot 25.
Building permits
- Alteration, filed May 8, 2025, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed Apr 9, 2025, estimated cost $158K, described as “Install solar PV system on the existing rooftop. No changes to use, egress or occupancy.”
- Alteration, filed Oct 29, 2024, described as “Installation of temporary stair tower as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 8, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 19, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 18, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 3, 2024, described as “Installation of temporary plywood fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 12, 2023, estimated cost $200K, described as “PAA application for Equipment use for the partial demolition (B00831461-S7) which is related to ALT CO (B00831461-I1)”
- Alteration, filed Apr 25, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed and overhead protection as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 25, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed and overhead protection as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Alteration, filed Mar 31, 2023, estimated cost $3K, described as “Construction fence as per drawings during bldg demolition, filed sep. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence to be installed on sidewalk/roadway. Dot…”
- Alteration, filed Mar 31, 2023, estimated cost $3K, described as “Construction fence as per drawings during bldg demolition filed sep. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Major Renovation — Non-residential, filed Mar 10, 2023, estimated cost $9.5M, 1 story, described as “Per HUB CONSULTATION, ALT CO for proposed conversion of existing manufacturing lot to nightclub/cabaret A-2 assembly and support spaces. Partial demolition, interior renovation, reconstruction, and new addition. Merger of tax lots 15 and…”
Property taxes
- Assessment
- $2,420,100
- 2026–27 tax
- $183,246
- Market value (city estimate)
- $5,378,000
- Taxable value
- $1,780,151
- Assessed land
- $325,800
- Assessed improvements
- $2,094,300
Tax breaks
- Solar abatement, through Jun 30, 2030, a $9,864 credit this tax year.
Zoning
M1-1: floor area ratio 2.15 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.
Recent sales
- Feb 22, 2022: $6,500,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.