# 437 Euclid Avenue, Brooklyn

Condominium · 135 units · built 2023 · Block 4214, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3042147501/437-euclid-avenue

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

## Building permits

- Alteration, filed May 15, 2024, estimated cost $120K, described as “New supermarket in first floor of existing commercial space”

## Property taxes

- Assessment: $7,224,750
- 2026–27 tax: $2,446
- Market value (city estimate): $16,055,000
- Taxable value: $367,012
- Assessed land: $450,000
- Assessed improvements: $6,774,750
- Condo units with their own tax lots: 2

## Tax breaks

- 420-c exemption, through Jun 30, 2082, about $851,438 a year below the full tax.

## Zoning

R7A: floor area ratio 5.88 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Renderings Reveal Euclid Glenmore Apartments at 437 Euclid Avenue in East New York, Brooklyn](https://newyorkyimby.com/2022/11/renderings-reveal-euclid-glenmore-apartments-at-437-euclid-avenue-in-east-new-york-brooklyn.html), New York YIMBY, Nov 4, 2022.

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