533 Albany Avenue, Brooklyn
Two-family with store · built c. 1931 · Block 4795, Lot 6.
Building permits
- New Building — Non-residential, filed Jan 26, 2024, 3 stories, described as “Application hereby filed for erection of new community facility building consisting of emergency dispatch center and training facility Three story building”
- Demolition, filed Feb 6, 2026, estimated cost $125K, described as “Full demolition of two story mixed residential & commercial building. Hand held and mechanical will assist with removal of beams and columns and removal of slab, and back-fill site.”
- Alteration, filed May 15, 2024, estimated cost $2K, described as “Construction fence herewith being filed in conjunction with NB application #: B00992635-I1.”
Property taxes
- Assessment
- $396,000
- 2026–27 tax
- $21,019
- Market value (city estimate)
- $880,000
- Taxable value
- $168,974
- Assessed land
- $88,650
- Assessed improvements
- $307,350
Zoning
R6: floor area ratio 0.79 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 2, 2021: $1,230,000
Open-market sales since 2016, from the Department of Finance’s sales files.