271 Lenox Road, Brooklyn
Apartment building · 55 units · built 2016 · Block 5066, Lot 68.
Building permits
- Alteration, filed Dec 13, 2023, estimated cost $5K, described as “Erect illuminated accessory business wall sign for downstate health sciences university.”
- Alteration, filed May 22, 2023, estimated cost $41K, described as “Modification to existing sprinkler system at 1st Floor commercial space.”
- Alteration, filed Feb 15, 2023, estimated cost $210K, described as “Removal of existing mechanical units and associated ductwork. Installation of new mechanical units and associated ductwork.”
- Alteration, filed Jan 27, 2023, estimated cost $188K, described as “Removal of existing Plumbing fixtures and gas line. Installation of new plumbing fixtures.”
- Alteration, filed Nov 30, 2021, estimated cost $400K, described as “Removal and Installation of non-load bearing partitions, fixtures and finishes.”
Property taxes
- Assessment
- $8,662,500
- 2026–27 tax
- $221,441
- Market value (city estimate)
- $19,250,000
- Taxable value
- $1,780,212
- Assessed land
- $705,600
- Assessed improvements
- $7,956,900
Tax breaks
- 421-a exemption, through Jun 30, 2034, about $770,826 a year below the full tax.
Zoning
R7-1: floor area ratio 4.84 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 25, 2024: $10,360,000
- Mar 19, 2019: $10,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.