# 22 Milford Street, Brooklyn

Apartment building · 43 units · built c. 1930 · Block 3976, Lot 43.

On Umarelli: https://umarelli.org/nyc/3039760043/22-milford-street

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

## Building permits

- Alteration, filed Jul 25, 2024, estimated cost $5K, 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.”
- Major Renovation — Conversion, filed Jan 23, 2024, estimated cost $508K, 43 units added, 3 stories, described as “Proposed interior renovation converting existing commercial building into a 3 story residential building”

## Property taxes

- Assessment: $347,861
- 2026–27 tax: $15,145
- Market value (city estimate): $773,025
- Taxable value: $121,751
- Assessed land: $67,500
- Assessed improvements: $280,361

## Tax breaks

- 467-m exemption, through Jun 30, 2060, about $28,126 a year below the full tax.

## Zoning

R5B: floor area ratio 2.97 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 18, 2024: $2,587,500

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