48 Cedar Street, Brooklyn
Nursing home · built 1998 · Block 3232, Lot 1.
Building permits
- Alteration, filed Feb 18, 2026, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Feb 18, 2026, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Feb 18, 2026, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 4, 2024, estimated cost $53K, described as “Installation of self contained air conditioning system on floor 001, with a total capacity of 15 tons. No change to egress, use, or occupancy.”
- Alteration, filed Aug 22, 2022, estimated cost $5K, described as “Installation of 300PSF heavy duty sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 17, 2022, estimated cost $131K, described as “Filing to repair cracked bricks, open mortar joints, cracked pre-cast concrete, window sills, replace caulk joints, repair expansion joints, and reset coping stones at parapet. No roof work, no change in egress, and no change in occupancy.”
- Alteration, filed Jun 10, 2021, estimated cost $45K, described as “Minor alteration to exit passageway and exit discharge at 1st floor.”
- Alteration, filed Sep 27, 2016, estimated cost $8K, described as “Addition of a dry pipe sprinkler system for the 8th floor corridor only. No change in use, egress, or occupancy under this application.”
Property taxes
- Assessment
- $17,875,800
- 2026–27 tax
- $1,849,287
- Market value (city estimate)
- $39,724,000
- Taxable value
- $17,047,260
- Assessed land
- $438,300
- Assessed improvements
- $17,437,500
Zoning
R6: floor area ratio 4.27 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 9, 2023: $70,000,000
- May 5, 2020: $58,750,000, 131,650 sq ft ($446 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- BUENA VIDA NURSING HOME (City Planning P1995K0315): Completed, decided Jun 19, 1995. CERT TO FACILITATE THE CONSTRUCTION OF A 240 BED NURSING*HOME WITHIN THE BUSHWICK II URA (BL3232 LOTS 1,4,6,25,81)
- 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…