# 720 Saratoga Avenue, Brooklyn

Apartment building · 10 units · built 2024 · Block 3553, Lot 53.

On Umarelli: https://umarelli.org/nyc/3035530053/99-dumont-avenue

More construction in Brownsville: https://umarelli.org/nyc/brooklyn/brownsville.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 99 Dumont Avenue in Brownsville, Brooklyn](https://newyorkyimby.com/2024/04/permits-filed-for-99-dumont-avenue-in-brownsville-brooklyn.html), New York YIMBY, Apr 4, 2024.

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