749 Bank Street, Brooklyn
Industrial · built 2023 · Block 3880, Lot 12.
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Building permits
- New Building — Non-residential, filed Mar 11, 2022, 1 story, described as “DEV HUB CONSULTATION WAIVED -Erect 1 story warehouse & commercial vehicle storage bldg. Zoning/egress filed under -I1 for entire bldg. Arch plans for warehouse portion only filed under this document. Arch plans for parking ramp filed under…”
- Alteration, filed Jan 23, 2025, estimated cost $3K, described as “Erect non-illuminated accessory business sign on wall reading "807 bank".”
- Alteration, filed Jan 23, 2025, estimated cost $3K, described as “Erect non-illuminated accessory business sign on wall reading "807 bank".”
- Alteration, filed May 20, 2024, estimated cost $1K, described as “Installation of partitions as per plans. No change in use, egress or occupancy. Filed in conjunction with NB B00683375-I1.”
- Alteration, filed Nov 29, 2023, estimated cost $3K, described as “Installation and use of spyder crane as per plans submitted. Spyder crane shall comply with chapter #33 of NYC building code. This application involves no change in occupancy, use or egress.”
- Alteration, filed Oct 20, 2023, estimated cost $1.3M, described as “Installation of a structural steel canopy structure to support the installation of a pvcanopy on top of rooftop surface parking asper plans filed herewith.no change in use, egress or occupancy underthis application.”
- Alteration, filed Feb 20, 2023, estimated cost $1K, described as “Temporary installation and use of sidewalk shed as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Sep 14, 2022, estimated cost $1K, described as “Ground improvement work in conjunction with NB Construction. NB Filed under B00683375.”
- Alteration, filed Mar 15, 2022, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jan 20, 2022, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Jan 5, 2022, estimated cost $8K, described as “Removal of sprinkler system from floors 001. No change to use, egress, occupancy, or fire protection.”
- Alteration, filed Jan 5, 2022, estimated cost $8K, described as “Removal of sprinkler system from floors 001. No change to use, egress, occupancy, or fire protection”
Property taxes
- Assessment
- $4,897,350
- 2026–27 tax
- $386,796
- Market value (city estimate)
- $10,883,000
- Taxable value
- $4,429,170
- Assessed land
- $2,161,800
- Assessed improvements
- $2,735,550
Tax breaks
- ICAP abatement, through Jun 30, 2050, a $93,680 credit this tax year.
Zoning
M1-1: floor area ratio 0.97 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Dec 22, 2021: $11,250,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.