2615 Farragut Road, Brooklyn
Apartment building · 10 units · built 2023 · Block 5226, Lot 42.
Building permits
- New Building — Multi-Family, filed Jan 25, 2022, estimated cost $493K, 10 units, 4 stories, described as “Propposing new four story residential building”
- Alteration, filed Feb 21, 2024, estimated cost $5K, described as “Installation of new sidewalk shed at as indicated on plans. There will be no change in the use, egress, or occupancy under this application”
Property taxes
- Assessment
- $693,000
- 2026–27 tax
- $8,531
- Market value (city estimate)
- $1,540,000
- Taxable value
- $68,580
- Assessed land
- $57,150
- Assessed improvements
- $635,850
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $77,672 a year below the full tax.
Zoning
R7A (part of the lot is R5B): floor area ratio 2.08 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 9, 2022: $655,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 2615 Farragut Road in Flatbush, Brooklyn, New York YIMBY, Apr 10, 2024.