# 150 Erasmus Street, Brooklyn

Apartment building · 32 units · built 2022 · Block 5108, Lot 28.

On Umarelli: https://umarelli.org/nyc/3051080028/150-erasmus-street

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

## Building permits

- New Building — Multi-Family, filed Jan 19, 2022, 32 units, 5 stories, described as “Proposed 5 story & cellar residential building total of 32 dwelling units”
- Alteration, filed Oct 3, 2022, estimated cost $1K, described as “Installation and use of temporary material platform as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Aug 24, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection and pipe scaffold as per plans. All equipment shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 9, 2022, estimated cost $2K, described as “Installation of temporary construction fence filed in conjunction with NB B00642196.”
- Alteration, filed Feb 3, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”

## Property taxes

- Assessment: $2,189,700
- 2026–27 tax: $5,608
- Market value (city estimate): $4,866,000
- Taxable value: $45,083
- Assessed land: $565,200
- Assessed improvements: $1,624,500

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $266,769 a year below the full tax.

## Zoning

R6: floor area ratio 2.55 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jan 11, 2018: $1,810,000

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 150 Erasmus Street in East Flatbush, Brooklyn](https://newyorkyimby.com/2022/09/permits-filed-for-150-erasmus-street-in-east-flatbush-brooklyn.html), New York YIMBY, Sep 8, 2022.

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