# 198 St Nicholas Avenue, Brooklyn

Condominium · 31 units · built 2023 · Block 3281, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3032817502/198-st-nicholas-avenue

More construction in Wyckoff Heights: https://umarelli.org/nyc/brooklyn/wyckoff-heights.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,348,652
- 2026–27 tax: $25,729
- Market value (city estimate): $2,997,001
- Taxable value: $263,952
- Assessed land: $187,651
- Assessed improvements: $1,161,001
- Condo units with their own tax lots: 6

## Tax breaks

- Co-op and condo abatement, with no end date, a $7,104 credit this tax year.

## Zoning

R6: floor area ratio 2.21 built, 2.43 allowed by base zoning.

## Recent sales

- Jun 6, 2025: $1,746,299, Apt 3S
- Jan 10, 2025: $1,781,933, Apt 1S
- Mar 18, 2024: $1,237,174, Apt 2S
- Feb 23, 2024: $1,883,763, Apt 1H
- Feb 23, 2024: $1,325,000, Apt 2H
- Feb 20, 2024: $1,915,000, Apt 3H

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

[198 St. Nicholas Avenue Completes Construction in Bushwick, Brooklyn](https://newyorkyimby.com/2023/12/198-st-nicholas-avenue-completes-construction-in-bushwick-brooklyn.html), New York YIMBY, Dec 14, 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