# 229 Shepherd Avenue, Brooklyn

Commercial · built 1957 · Block 3958, Lot 49.

On Umarelli: https://umarelli.org/nyc/3039580049/229-shepherd-avenue

More construction in Cypress Hills: https://umarelli.org/nyc/brooklyn/cypress-hills.md

## Building permits

- New Building — Large Residential, filed May 23, 2025, 99 units, 8 stories, described as “Proposed new eight story mixed use building.”
- Alteration, filed Sep 25, 2026, estimated cost $10K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Jun 25, 2026, estimated cost $25K, described as “Installation of 300 psf sidewalk shed and overhead protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jun 12, 2026, estimated cost $5K, described as “Use of Knuckleboom for building construction. This application is filed in conjunction with NB B01225983-I1”
- Alteration, filed Jan 15, 2026, estimated cost $160, described as “Proposed 8FT construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jan 8, 2026, estimated cost $3K, described as “Fence application filed in conjunction with new building job #B01225983.”
- Demolition, filed Dec 11, 2025, estimated cost $40K, described as “Full demolition to a one story building”

## Property taxes

- Assessment: $480,150
- 2026–27 tax: $50,349
- Market value (city estimate): $1,067,000
- Taxable value: $464,130
- Assessed land: $232,200
- Assessed improvements: $247,950

## Zoning

R8A: floor area ratio 0.21 built, 6.02 allowed by base zoning.

## Recent sales

- Dec 31, 2025: $8,500,000

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 229 Shepherd Avenue in Cypress Hills, Brooklyn](https://newyorkyimby.com/2025/05/permits-filed-for-229-shepherd-avenue-in-cypress-hills-brooklyn.html), New York YIMBY, May 29, 2025.

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