231 Chester Street, Brooklyn
Apartment building · 7 units · built 2023 · Block 3543, Lot 108.
Building permits
- New Building — Multi-Family, filed Feb 17, 2022, estimated cost $393K, 7 units, 4 stories, described as “Proposing new 4 story residential building”
- Alteration, filed Nov 15, 2022, estimated cost $20K, described as “Filing for temporary sidewalk and shed to be installed at the entrance of the building, left and right side of the building. Filing for temporary supported scaffolding all around the building. No change in use, egress and occupancy.”
- Alteration, filed May 27, 2022, estimated cost $1K, described as “Installation of initial footing foundation in conjunction with NB application #B00682540-I1”
- Alteration, filed Apr 14, 2022, estimated cost $4K, described as “Foundation, earthwork, & structure specifications filed in conjunction with NB application #B00682540-I1”
Property taxes
- Assessment
- $354,600
- 2026–27 tax
- $1,154
- Market value (city estimate)
- $788,000
- Taxable value
- $9,280
- Assessed land
- $141,750
- Assessed improvements
- $212,850
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $42,954 a year below the full tax.
Zoning
R6: floor area ratio 2.21 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 3, 2022: $495,000
Open-market sales since 2016, from the Department of Finance’s sales files.