731 Liberty Avenue, Brooklyn
Apartment building · 10 units · built 2022 · Block 3971, Lot 50.
Building permits
- New Building — Multi-Family, filed Nov 10, 2021, estimated cost $747K, 10 units, 4 stories, described as “Proposed four (4) story with penthouse, mixed-use building.”
- Alteration, filed Aug 20, 2022, estimated cost $4K, described as “Installation of medium duty scaffold.”
- Alteration, filed Jul 31, 2022, estimated cost $4K, described as “Install heavy duty sidewalk shed as per plan.”
- Alteration, filed Apr 11, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Mar 10, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $570,150
- 2026–27 tax
- $1,426
- Market value (city estimate)
- $1,267,000
- Taxable value
- $11,462
- Assessed land
- $69,300
- Assessed improvements
- $500,850
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $69,495 a year below the full tax.
Zoning
R6A: floor area ratio 2.99 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 30, 2024: $3,400,000
- May 20, 2021: $700,000
- Mar 8, 2016: $475,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 731 Liberty Avenue in East New York, Brooklyn, New York YIMBY, Mar 16, 2023.