# 3002 Atlantic Avenue, Brooklyn

Apartment building · 100 units · built 2018 · Block 3971, Lot 19.

On Umarelli: https://umarelli.org/nyc/3039710019/3002-atlantic-avenue

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

## Building permits

- Alteration, filed Feb 4, 2019, estimated cost $7K, described as “Installation of pipe scaffold as per plans. Pipe scaffold shall comply with chapter # 33 of the NYC buildings code. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 29, 2018, estimated cost $7K, described as “Installation of heavy duty sidewalk shed during new building construction, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application. Sidewalk shed…”

## Property taxes

- Assessment: $4,102,650
- Market value (city estimate): $9,117,000
- Taxable value: $0
- Assessed land: $679,500
- Assessed improvements: $3,423,150

## Tax breaks

- 420-c exemption, through Jun 30, 2062, about $510,329 a year below the full tax.

## Zoning

R8A: floor area ratio 7.18 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 28, 2018: $3,780,858

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

[Affordable Housing Development Opens at 315 Linwood Street in East New York, Brooklyn](https://newyorkyimby.com/2020/10/affordable-housing-development-opens-at-315-linwood-street-in-east-new-york-brooklyn.html), New York YIMBY, Oct 16, 2020.

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