# 1060 Ocean Parkway, Brooklyn

Vacant land · Block 5495, Lot 870.

On Umarelli: https://umarelli.org/nyc/3054950870/1060-ocean-parkway

More construction in Ocean Parkway: https://umarelli.org/nyc/brooklyn/ocean-parkway.md

Every lot on block 5495: https://umarelli.org/nyc/brooklyn/5495.md

## Building permits

- Alteration, filed Jun 10, 2021, estimated cost $8K, described as “PL worktype for Installation of new water service and backflow preventer.”

## Property taxes

- Assessment: $529,500
- Market value (city estimate): $8,825,000
- Taxable value: $0
- Assessed land: $529,500

## Tax breaks

- Nonprofit exemption (religious school), with no end date, about $105,069 a year below the full tax.

## Zoning

R5 (part of the lot is R3-1): floor area ratio 0.00 built, 1.50 allowed by base zoning.

## 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