1541 50th Street, Brooklyn
Three-family · built 1970 · Block 5453, Lot 61.
Building permits
- Major Renovation — Residential, filed Feb 23, 2024, estimated cost $1.3M, 1 unit in all, 3 stories, described as “Proposed horizontal enlargement to convert existing 3-story residential building to community facility and residential building.”
Property taxes
- Assessment
- $228,840
- Market value (city estimate)
- $3,814,000
- Taxable value
- $0
- Assessed land
- $35,460
- Assessed improvements
- $193,380
Tax breaks
- Nonprofit exemption (parsonage), with no end date, about $14,985 a year below the full tax.
- Nonprofit exemption (house of worship), with no end date, about $30,424 a year below the full tax.
Zoning
R6: floor area ratio 1.72 built, 2.43 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 26, 2019: $2,999,999
Open-market sales since 2016, from the Department of Finance’s sales files.