# 3401 Farragut Road, Brooklyn

Apartment building · 10 units · built 2021 · Block 4998, Lot 9.

On Umarelli: https://umarelli.org/nyc/3049980009/3401-farragut-road

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

## Building permits

- Alteration, filed Apr 27, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 1, 2020, estimated cost $137K, described as “Installation of a hydraulically design sprinkler system in conjunction with new building application #321729661.”
- Alteration, filed Jul 1, 2020, estimated cost $20K, described as “New building”
- Alteration, filed Jun 30, 2020, estimated cost $5K, described as “Installing 8'-0" high construction fence around the property”
- Alteration, filed Jun 3, 2020, estimated cost $20K, described as “Installation of mechanical systems associated ducts and piping, in new 4 story, penthouse 10 family building”
- Alteration, filed Mar 25, 2020, estimated cost $20K, described as “Installation of piping and plumbing fixtures,in new 4 story, penthouse & cellar, 10 family building”

## Property taxes

- Assessment: $754,650
- 2026–27 tax: $3,171
- Market value (city estimate): $1,677,000
- Taxable value: $25,495
- Assessed land: $86,400
- Assessed improvements: $668,250

## Tax breaks

- 421-a exemption, through Jun 30, 2057, about $90,700 a year below the full tax.

## Zoning

R6: floor area ratio 3.24 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 19, 2020: $500,000, 2,008 sq ft ($249 per sq ft)

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 3401 Farragut Road in East Flatbush, Brooklyn](https://newyorkyimby.com/2020/02/permits-filed-for-3401-farragut-road-in-east-flatbush-brooklyn.html), New York YIMBY, Feb 7, 2020.

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