# 5221 16th Avenue, Brooklyn

Condominium · 8 units · built 2016 · Block 5472, Lot 7504.

On Umarelli: https://umarelli.org/nyc/3054727504/5221-16-avenue

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

Every lot on block 5472: https://umarelli.org/nyc/brooklyn/5472.md

## 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.

## 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.

## 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