# 275 Chestnut Street, Brooklyn

Vacant land · Block 4143, Lot 3.

On Umarelli: https://umarelli.org/nyc/3041430003/275-chestnut-street

More construction in Cypress Hills: https://umarelli.org/nyc/brooklyn/cypress-hills.md

## Building permits

- New Building — Mid-Rise, filed Jan 29, 2024, 327 units, 14 stories, described as “Construct new fourteen (14) story mixed-use building as per plans filed.”
- Alteration, filed Sep 29, 2026, estimated cost $2K, described as “Telehandler for Building Construction”
- Alteration, filed Sep 28, 2026, estimated cost $10K, described as “Concrete Silo”
- Alteration, filed Aug 20, 2026, estimated cost $10K, described as “Concrete Mixer”
- Alteration, filed Aug 20, 2026, estimated cost $2K, described as “Foundation for Concrete Mixer”
- Alteration, filed Aug 20, 2026, estimated cost $10K, described as “Concrete Silo”
- Alteration, filed Aug 20, 2026, estimated cost $5K, described as “Foundation for Concrete Silo”
- Alteration, filed Aug 19, 2026, estimated cost $1K, described as “Installation of single p/m hoist (PM2) in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Aug 18, 2026, estimated cost $2K, described as “Telehandler for Building Construction”
- Alteration, filed Aug 13, 2026, estimated cost $1K, described as “Installation of single personnel hoist (PM1) in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Jul 30, 2026, estimated cost $11.8M, described as “Pipe Scaffolding for New Building Filed under B00972461”
- Alteration, filed Jun 23, 2026, estimated cost $25K, described as “Installation of sidewalk shed and construction fence as per plans. Temporary equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”

## Property taxes

- Assessment: $1,891,350
- 2026–27 tax: $143,399
- Market value (city estimate): $4,203,000
- Taxable value: $1,321,893
- Assessed land: $1,891,350

## Zoning

M1-4/R8A: floor area ratio 0.00 built, 6.02 allowed by base zoning.

## Recent sales

- Dec 18, 2025: $8,510,081

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

[Phase Three of Atlantic Chestnut Affordable Complex Breaks Ground at 275 Chestnut Street in East New York, Brooklyn](https://newyorkyimby.com/2026/04/phase-three-of-atlantic-chestnut-affordable-complex-breaks-ground-at-275-chestnut-street-in-east-new-york-brooklyn.html), New York YIMBY, Apr 28, 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