# 742 Liberty Avenue, Brooklyn

Industrial · 2 units · built c. 1935 · Block 3987, Lot 17.

On Umarelli: https://umarelli.org/nyc/3039870017/742-liberty-avenue

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

## Building permits

- New Building — Multi-Family, filed Aug 13, 2026, 40 units, 7 stories, described as “Proposed 7 storey resdential ad commercial building.”
- Demolition, filed Oct 8, 2026, estimated cost $80K, described as “Application filled to full demolition of existing two story building.”

## Property taxes

- Assessment: $242,550
- 2026–27 tax: $26,312
- Market value (city estimate): $539,000
- Taxable value: $242,550
- Assessed land: $84,600
- Assessed improvements: $157,950

## Zoning

R6A: floor area ratio 0.92 built, 3.00 allowed by base zoning.

## Recent sales

- Nov 19, 2024: $1,725,000

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 320 Essex Street in East New York, Brooklyn](https://newyorkyimby.com/2026/08/permits-filed-for-320-essex-street-in-east-new-york-brooklyn.html), New York YIMBY, Aug 17, 2026.

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