# 1551 47th Street, Brooklyn

Two-family · built 1945 · Block 5436, Lot 56.

On Umarelli: https://umarelli.org/nyc/3054360056/1551-47-street

More construction in Borough Park: https://umarelli.org/nyc/brooklyn/borough-park.md

## Building permits

- Major Renovation — Residential, filed Aug 5, 2025, estimated cost $708K, 1 unit in all, 4 stories, described as “Proposed vertical and horizontal enlargement of an existing three (3) story residential use building; converting to a four (4) story residential use building.”
- Alteration, filed Jan 30, 2024, estimated cost $25K, described as “Interior renovation to all floors of an existing dwelling. Filing to remove and replace framed non bearing partitions and refinish floors. Filing to patch and repair any damaged wall surfaces. No change to use, occupancy or egress.”

## Property taxes

- Assessment: $96,780
- 2026–27 tax: $14,947
- Market value (city estimate): $1,613,000
- Taxable value: $75,326
- Assessed land: $22,140
- Assessed improvements: $74,640

## Zoning

R6: floor area ratio 1.10 built, 2.43 allowed by base zoning.

## Recent sales

- Jan 30, 2025: $4,600,000
- Jun 28, 2023: $2,080,000
- May 4, 2022: $1,150,000
- Mar 29, 2022: $1,325,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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