556 New Lots Avenue, Brooklyn
Commercial · built 1930 · Block 4305, Lot 1.
Building permits
- Alteration, filed Aug 18, 2025, estimated cost $9K
- Demolition — Commercial, filed Jul 6, 2023, estimated cost $140K
- New Building — Large Commercial, filed Nov 2, 2021, estimated cost $3.0M, 7 stories
Property taxes
- Assessment
- $962,550
- Last year’s tax
- $92,487
- Land value
- $154,800
- Improvement value
- $807,750
Zoning
R6: built 0.97 of 4.80 allowed floor area ratio.
In the news
Renderings Reveal Charter School at 556 New Lots Avenue in East New York, Brooklyn, New York YIMBY, Mar 12, 2026.