5221 16th Avenue, Brooklyn
Condominium · 8 units · built 2016 · Block 5472, Lot 7504.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $2,004,300
- 2026–27 tax
- $53,645
- Market value (city estimate)
- $4,453,999
- Taxable value
- $431,260
- Assessed land
- $95,851
- Assessed improvements
- $1,908,449
- Condo units with their own tax lots
- 8
Tax breaks
- 421-a exemption, through Jun 30, 2033, about $110,118 a year below the full tax.
Zoning
R6: floor area ratio 3.40 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 25, 2019: $1,272,813, Apt 2A
- Oct 3, 2019: $1,200,000, Apt 2B
- Aug 14, 2019: $1,800,000, Apt 1A
- May 16, 2019: $985,000, Apt 3A
- Jan 28, 2019: $980,000, Apt 4B
- Dec 26, 2018: $1,350,000, Apt 4A
Open-market sales since 2016, from the Department of Finance’s sales files.