# 555 Liberty Avenue, Brooklyn

Industrial · built c. 1930 · Block 3963, Lot 26.

On Umarelli: https://umarelli.org/nyc/3039630026/555-liberty-avenue

More construction in East New York: https://umarelli.org/nyc/brooklyn/east-new-york.md

## Building permits

- Alteration, filed Mar 31, 2026, estimated cost $2K, described as “Fn application herby filed in conjuction to job number B01161567”
- Major Renovation — Conversion, filed Jan 2, 2025, estimated cost $1.8M, 26 units added, 2 stories, described as “Alternation type 1 application for conversion and interior renovation to existing 2 story commercial building.proposed 2 story + basement residential use buildinginterior partitions, plumbing throughout.”

## Property taxes

- Assessment: $322,200
- 2026–27 tax: $34,952
- Market value (city estimate): $716,000
- Taxable value: $322,200
- Assessed land: $117,450
- Assessed improvements: $204,750

## Zoning

M1-4/R6A: floor area ratio 1.50 built, 3.00 allowed by base zoning.

## Recent sales

- Oct 30, 2025: $2,725,000
- Mar 5, 2021: $2,490,000
- Jun 1, 2020: $2,150,000, 11,176 sq ft ($192 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

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