720 Saratoga Avenue, Brooklyn
Apartment building · 10 units · built 2024 · Block 3553, Lot 53.
Building permits
- New Building — Multi-Family, filed Aug 12, 2021, estimated cost $1.0M, 10 units, 4 stories, described as “New 4 story and penthouse multi family (10 family) residential and community facility building”
- Alteration, filed Apr 17, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Feb 28, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 25, 2021, estimated cost $3K, described as “8' construction fence”
Property taxes
- Assessment
- $505,350
- 2026–27 tax
- $2,446
- Market value (city estimate)
- $1,123,000
- Taxable value
- $19,660
- Assessed land
- $87,300
- Assessed improvements
- $418,050
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $60,415 a year below the full tax.
Zoning
R6: floor area ratio 2.46 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
- Mar 23, 2023: $1,350,000
- Jun 24, 2021: $545,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 99 Dumont Avenue in Brownsville, Brooklyn, New York YIMBY, Apr 4, 2024.