# 847 New Lots Avenue, Brooklyn

Apartment building · 5 units · built 2024 · Block 4084, Lot 24.

On Umarelli: https://umarelli.org/nyc/3040840024/847-new-lots-avenue

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

## Building permits

- New Building — Multi-Family, filed Apr 3, 2023, 5 units, 4 stories, described as “Proposing new 4 story building with a total of 5 residential units,”
- Alteration, filed Mar 22, 2024, estimated cost $9K, described as “Installation of 300PSF sidewalk shed as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”

## Property taxes

- Assessment: $279,000
- 2026–27 tax: $27,012
- Market value (city estimate): $620,000
- Taxable value: $217,159
- Assessed land: $85,050
- Assessed improvements: $193,950

## Zoning

R5: floor area ratio 1.15 built, 1.50 allowed by base zoning.

## Recent sales

- Nov 20, 2023: $410,000

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

## Flood zone

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

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