# 640 Parkside Avenue, Brooklyn

Commercial · built 2018 · Block 5057, Lot 24.

On Umarelli: https://umarelli.org/nyc/3050570024/640-parkside-avenue

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

Every lot on block 5057: https://umarelli.org/nyc/brooklyn/5057.md

## Building permits

- Alteration, filed Jul 19, 2018, estimated cost $120K, described as “Installation of temporary pipe scaffold as per plans. Pipe scaffold shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed May 16, 2018, estimated cost $80K, described as “Installation of temporary sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code. No change in use, egress or occupancy under this application.”

## Property taxes

- Assessment: $3,323,700
- 2026–27 tax: $41,640
- Market value (city estimate): $7,386,000
- Taxable value: $3,089,970
- Assessed land: $383,850
- Assessed improvements: $2,939,850

## Tax breaks

- ICAP abatement, through Jun 30, 2045, a $293,560 credit this tax year.

## Zoning

M1-1: floor area ratio 4.99 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.

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