1487 Broadway, Brooklyn
Apartment building · 17 units · built c. 1915 · Block 3380, Lot 9.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,443,600
- 2026–27 tax
- $49,871
- Market value (city estimate)
- $3,208,000
- Taxable value
- $557,732
- Assessed land
- $90,450
- Assessed improvements
- $1,353,150
Tax breaks
- J-51 exemption, through Jun 30, 2033, about $84,165 a year below the full tax.
- J-51 abatement, through Jun 30, 2038, a $19,505 credit this tax year.
Zoning
R6: floor area ratio 3.92 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 21, 2019: $11,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 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…