# 948 New York Avenue, Brooklyn

Apartment building · 16 units · built 2021 · Block 4886, Lot 18.

On Umarelli: https://umarelli.org/nyc/3048860018/948-new-york-avenue

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

## Building permits

- Alteration, filed Dec 7, 2021, estimated cost $5K, described as “Installation of needle beam as per plans, needle beam shall comply with chapter # 33 of the code 2014, no changes in use, egress and occupancy under this application.”
- Alteration, filed Oct 27, 2021, estimated cost $5K, described as “Filing amendment to amend the plans.”
- Alteration, filed Jul 29, 2021, estimated cost $1K, described as “Support of excavation work type only in conjuncation to NB application job: 321599908”
- Alteration, filed Jun 18, 2021, estimated cost $27K, described as “Foundation & structural work type for proposed new six story & penthouse building in conjunction to new building job application: 321599908.”
- Alteration, filed Jun 4, 2021, described as “Filing mechanical plans in conjunction with NB 321599908”
- Alteration, filed Jun 3, 2021, estimated cost $200, described as “Filing for sprinkler and plumbing in conjunction with NB# 321599908”
- Alteration, filed May 19, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Apr 19, 2021, estimated cost $10K, described as “Curb cut application in conjunction with new building application #321599908”

## Property taxes

- Assessment: $1,017,000
- 2026–27 tax: $3,707
- Market value (city estimate): $2,260,000
- Taxable value: $29,798
- Assessed land: $184,500
- Assessed improvements: $832,500

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $122,798 a year below the full tax.

## Zoning

R6: floor area ratio 2.60 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 7, 2021: $1,375,000

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

[Permits Filed for 948 New York Avenue in East Flatbush, Brooklyn](https://newyorkyimby.com/2021/02/permits-filed-for-948-new-york-avenue-in-east-flatbush-brooklyn.html), New York YIMBY, Feb 2, 2021.

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