571 Ocean Parkway, Brooklyn
Apartment building · 29 units · built 2021 · Block 5400, Lot 72.
Building permits
- Alteration, filed Jun 7, 2023, estimated cost $21K, described as “Installing new partitions and new ducts”
- Alteration, filed Apr 24, 2021, estimated cost $15K, described as “Alteration type 3 - construction equipment - scaffolding installation of pipe scaffold as per plans. Pipe scaffold shall comply withchapter 33 of the NYC building code. No change in use, egress or occupancy.”
- Alteration, filed Apr 24, 2021, estimated cost $12K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code. No change in use occupancy or egress under this application.”
- Alteration, filed Mar 16, 2021, estimated cost $5K, described as “Installation of Sprinklers in conjunction with a new building #321592807”
- Alteration, filed Jan 1, 2021, estimated cost $5K, described as “Filing Structural work in conjunction with NB #321592807”
- Alteration, filed Nov 26, 2020, estimated cost $6K, described as “Installation of 3 DDM piles to conduct a load test in conjunction with NB #321592807”
- Alteration, filed Nov 20, 2020, estimated cost $6K, described as “Plumbing work in conjunction with NB #321592807”
- Alteration, filed Nov 20, 2020, estimated cost $295K, described as “Mechanical and HVAC work in conjunction with NB #321592807”
- Alteration, filed Aug 17, 2018, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
Property taxes
- Assessment
- $1,976,400
- 2026–27 tax
- $7,495
- Market value (city estimate)
- $4,392,000
- Taxable value
- $60,254
- Assessed land
- $239,400
- Assessed improvements
- $1,737,000
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $238,349 a year below the full tax.
Zoning
R7A: floor area ratio 4.38 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 8, 2020: $3,900,000, 3,552 sq ft ($1,098 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 571 Ocean Parkway in Kensington, Brooklyn, New York YIMBY, Dec 1, 2022.