394 New Lots Avenue, Brooklyn
Commercial · built 1994 · Block 4299, Lot 2.
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Building permits
- New Building — Multi-Family, filed Oct 29, 2025, 29 units, 8 stories, described as “Proposed new eight (8) story and cellar mixed use building as per plans.”
- Demolition, filed Mar 10, 2026, estimated cost $175K, described as “Full demolition to a one story building”
- Alteration, filed Apr 1, 2022, described as “Install plumbing fixtures as per plans in conjuction with NB application”
Property taxes
- Assessment
- $576,900
- 2026–27 tax
- $57,691
- Market value (city estimate)
- $1,282,000
- Taxable value
- $531,810
- Assessed land
- $131,400
- Assessed improvements
- $445,500
Zoning
R6: floor area ratio 0.97 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.