# 340 Lenox Road, Brooklyn

Apartment building · 46 units · built 2023 · Block 4853, Lot 41.

On Umarelli: https://umarelli.org/nyc/3048530041/340-lenox-road

More construction in Flatbush: https://umarelli.org/nyc/brooklyn/flatbush.md

## Building permits

- New Building — Mid-Rise, filed Jan 3, 2022, 46 units, 12 stories, described as “12 story residential building - 46 dwelling units”
- Alteration, filed Mar 14, 2023, estimated cost $10K, described as “Installation of 7,100# temporary single car personnel/material hoist per plan and application submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 13, 2023, estimated cost $2K, described as “Installation of temporary adjacent roof protections per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 13, 2023, described as “Installation of temporary heavy duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 13, 2023, estimated cost $500, described as “Installation of temporary netting per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 13, 2023, described as “Installation of temporary supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Feb 13, 2023, estimated cost $2K, described as “Installation of temporary overhead protection per plan submitted. Work shall comply with 2022 building code chapter 33. No change in use, egress and/or occupancy with this filing.”
- Alteration, filed Feb 2, 2023, described as “Installation of temporary 4 point suspended scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 9, 2021, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”

## Property taxes

- Assessment: $4,349,700
- 2026–27 tax: $5,101
- Market value (city estimate): $9,666,000
- Taxable value: $41,006
- Assessed land: $420,750
- Assessed improvements: $3,928,950

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $535,958 a year below the full tax.

## Zoning

R7-1: floor area ratio 3.84 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 20, 2022: $3,400,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[CIRRUS Receives $16.47 Million Refinancing for 340 Lenox Road In Flatbush, Brooklyn](https://newyorkyimby.com/2026/01/cirrus-receives-16-47-million-refinancing-for-340-lenox-road-in-flatbush-brooklyn.html), New York YIMBY, Jan 17, 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