527 East 98th Street, Brooklyn
Apartment building · 160 units · built 2020 · Block 3620, Lot 5.
Building permits
- Alteration, filed Apr 15, 2024, estimated cost $5K, described as “Curb cut in conjuction with sidewalk improvement for handicap accessibility access as per plans.”
- Alteration, filed Mar 1, 2024, estimated cost $1K, described as “Filing of alt-2 for existing equipment use permits. All equipment filed/installed under application B00214563-I1. No work will be performed under this application.”
- Alteration, filed Feb 7, 2024, estimated cost $320K, described as “General interior construction and storefront improvement as per plans without change to use, egress, occupancy or bulk.”
- Alteration, filed Apr 20, 2021, estimated cost $5K, described as “Installation of a temporary 4-point suspended scaffold as per plans in conjunction with NB construction. No change in use, egress or occupancy. Scaffold to comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jan 27, 2021, described as “Plywood fence proposed installation of plywood fence as per plan. No change in use,egress or occupancy.”
- Alteration, filed Sep 3, 2020, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 11, 2020, described as “Sidewalk shed proposed installation of sidewalk shed as per plan. No change in use,egress or occupancy.”
- Alteration, filed Feb 24, 2020, estimated cost $1K, described as “Temporary construction fence around perimeter of site and sidewalk”
- Alteration, filed Oct 7, 2019, estimated cost $2K, described as “Sprinkler and Standpipe work in conjunction with NB 321594832”
- Alteration, filed Oct 7, 2019, estimated cost $1K, described as “Plumbing work in conjunction with NB 321594832”
- Alteration, filed Oct 7, 2019, estimated cost $1K, described as “Mechanical work as shown on plans.”
- Alteration, filed Sep 25, 2019, estimated cost $1K, described as “Structural superstructure work in conjunction with new building”
Property taxes
- Assessment
- $11,531,700
- Market value (city estimate)
- $25,626,000
- Taxable value
- $0
- Assessed land
- $1,155,150
- Assessed improvements
- $10,376,550
Tax breaks
- 420-c exemption, through Jun 30, 2070, about $1,434,428 a year below the full tax.
Zoning
R6: floor area ratio 4.66 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 31, 2020: $170,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Vital Brookdale Affordable Housing Complex Now Complete at 535 East 98th Street in Brownsville, Brooklyn, New York YIMBY, Dec 1, 2022.