# 604 East 40th Street, Brooklyn

Apartment building · 58 units · built 2023 · Block 4973, Lot 16.

On Umarelli: https://umarelli.org/nyc/3049730016/604-east-40-street

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

## Building permits

- Alteration, filed Sep 1, 2026, estimated cost $613K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Alteration, filed Nov 8, 2023, estimated cost $3K, described as “Installation of a temporarily 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 Sep 26, 2023, estimated cost $10K, described as “Installation of temporary scaffold as per plans in conjunction with NB construction. No change in use, egress or occupancy. Scaffold to comply with chapter 33 of NYC building code.”
- Alteration, filed Nov 10, 2022, estimated cost $6K, described as “Installation of heavy duty sidewalk shed during bldg demolition, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 27, 2022, estimated cost $5K, described as “Installation of temporary construction fence, to protect site during construction of New Building”
- Alteration, filed Apr 30, 2021, estimated cost $3K, described as “Install new 12' curb cut in conjunction with NB# 321595083.”
- Alteration, filed Jul 13, 2020, estimated cost $1K, described as “Structural filing in conjunction with new building application.”
- Alteration, filed May 8, 2020, estimated cost $1K, described as “Filing mechanical system in conjunction with new building application# 321595083.”
- Alteration, filed May 8, 2020, estimated cost $2K, described as “File plumbing, sprinkler and standpipe work in conjunction with new building application# 321595083.”

## Property taxes

- Assessment: $2,951,100
- Market value (city estimate): $6,558,000
- Taxable value: $0
- Assessed land: $324,900
- Assessed improvements: $2,626,200

## Tax breaks

- 420-c exemption, through Jun 30, 2072, about $367,087 a year below the full tax.

## Zoning

R4: floor area ratio 1.68 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Bethany Senior Terraces Completes Construction At 610 East 40th Street in East Flatbush, Brooklyn](https://newyorkyimby.com/2026/05/bethany-senior-terraces-completes-construction-at-610-east-40th-street-in-east-flatbush-brooklyn.html), New York YIMBY, May 24, 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