# 508 New Lots Avenue, Brooklyn

Two-family with store · built 2004 · Block 4303, Lot 8.

On Umarelli: https://umarelli.org/nyc/3043030008/508-new-lots-avenue

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

## Building permits

- New Building — Residential, filed Jul 27, 2023, estimated cost $600K, 2 units, 3 stories, described as “New 3-story, 2-family, mixed use, attached building”
- Alteration, filed Jan 11, 2024, estimated cost $68K, described as “Plumbing & sprinkler work in conjunction with new 3-story, 2-family, mixed use, attached building”

## Property taxes

- Assessment: $27,720
- 2026–27 tax: $3,555
- Market value (city estimate): $462,000
- Taxable value: $17,916
- Assessed land: $7,980
- Assessed improvements: $19,740

## Zoning

R6: floor area ratio 0.84 built, 2.43 allowed by base zoning.

## Flood zone

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

## Board and land use applications

- C-O-P (City Planning P2001K0105): Completed, decided Oct 17, 2001. UNRESTRICTED DISPOSITION OF 58 VACANT CITY-OWNED PARCELS

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