318 East 32nd Street, Brooklyn
Apartment building · 6 units · built 2022 · Block 4948, Lot 14.
Building permits
- New Building — Multi-Family, filed Mar 24, 2022, 6 units, 4 stories, described as “Proposed four (4) story + cellar residential building.”
- New Building — Multi-Family, filed Feb 21, 2022, 6 units, 4 stories, described as “Proposed four (4) story + cellar residential building.”
- Alteration, filed Sep 14, 2022, estimated cost $5K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Sep 14, 2022, estimated cost $5K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Oct 26, 2021, estimated cost $1K, described as “Installation plywood fence in conjunction with demo job #322099439.”
Property taxes
- Assessment
- $442,800
- 2026–27 tax
- $2,059
- Market value (city estimate)
- $984,000
- Taxable value
- $16,549
- Assessed land
- $90,000
- Assessed improvements
- $352,800
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $53,021 a year below the full tax.
Zoning
R6: floor area ratio 2.25 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 28, 2020: $990,000, 2,312 sq ft ($428 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 318-322 East 32nd Street in East Flatbush, Brooklyn, New York YIMBY, Dec 6, 2023.