# 1577 56th Street, Brooklyn

Condominium · 4 units · built c. 1905 · Block 5488, Lot 7503.

On Umarelli: https://umarelli.org/nyc/3054887503/1577-56-street

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

Every lot on block 5488: https://umarelli.org/nyc/brooklyn/5488.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $764,550
- 2026–27 tax: $15,272
- Market value (city estimate): $1,699,000
- Taxable value: $122,771
- Assessed land: $36,000
- Assessed improvements: $728,550
- Condo units with their own tax lots: 4

## Tax breaks

- 421-a exemption, through Jun 30, 2032, about $52,168 a year below the full tax.

## Zoning

R6: floor area ratio 3.27 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 4, 2017: $675,000, Apt 4

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