# 527 East 98th Street, Brooklyn

Apartment building · 160 units · built 2020 · Block 3620, Lot 5.

On Umarelli: https://umarelli.org/nyc/3036200005/527-east-98-street

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

## 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.

## Recent sales

- Mar 31, 2020: $170,000

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

[Vital Brookdale Affordable Housing Complex Now Complete at 535 East 98th Street in Brownsville, Brooklyn](https://newyorkyimby.com/2022/12/vital-brookdale-affordable-housing-complex-now-complete-at-535-east-98th-street-in-brownsville-brooklyn.html), New York YIMBY, Dec 1, 2022.

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