1565 59th Street, Brooklyn
Four-family with store · built c. 1931 · Block 5502, Lot 50.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $656,100
- Market value (city estimate)
- $1,458,000
- Taxable value
- $0
- Assessed land
- $90,000
- Assessed improvements
- $566,100
Tax breaks
- Nonprofit exemption (house of worship), with no end date, about $81,612 a year below the full tax.
Zoning
R5: floor area ratio 1.61 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 16th Avenue Rezoning (City Planning 2019K0024): Completed, filed Aug 19, 2019, decided Mar 2, 2021. This is a private application by Borough Park Realty requesting a zoning map amendment (ZM) from R5 and R5/C2-2 to C4-4A, and a zoning text amendment (ZR) to Appendix F of the zoning resolution to facilitate a new 6-story, 15,924 zsf,…