# 556 New Lots Avenue, Brooklyn

Commercial · built c. 1930 · Block 4305, Lot 1.

On Umarelli: https://umarelli.org/nyc/3043050001/556-new-lots-avenue

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

## Building permits

- New Building — Non-residential, filed Nov 2, 2021, estimated cost $3.0M, 7 stories, described as “New seven (7) story and partial cellar charter school and community facility building.”
- Alteration, filed Aug 18, 2025, estimated cost $9K, described as “Fence Application”
- Demolition, filed Jul 6, 2023, estimated cost $140K, described as “Full Demolition to a one story structure”

## Property taxes

- Assessment: $962,550
- 2026–27 tax: $92,487
- Market value (city estimate): $2,139,000
- Taxable value: $852,570
- Assessed land: $154,800
- Assessed improvements: $807,750

## 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.

## In the news

[Renderings Reveal Charter School at 556 New Lots Avenue in East New York, Brooklyn](https://newyorkyimby.com/2026/03/renderings-reveal-charter-school-at-556-new-lots-avenue-in-east-new-york-brooklyn.html), New York YIMBY, Mar 12, 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