# 1615 59th Street, Brooklyn

Condominium · 3 units · built 1986 · Block 5503, Lot 7503.

On Umarelli: https://umarelli.org/nyc/3055037503/1615-59-street

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

Every lot on block 5503: https://umarelli.org/nyc/brooklyn/5503.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,025,551
- 2026–27 tax: $24,232
- Market value (city estimate): $2,279,000
- Taxable value: $208,471
- Assessed land: $65,251
- Assessed improvements: $960,300
- Condo units with their own tax lots: 4

## Tax breaks

- Nonprofit exemption (house of worship), with no end date, about $30,734 a year below the full tax.
- Nonprofit exemption (parsonage), with no end date, about $34,074 a year below the full tax.
- Co-op and condo abatement, with no end date, a $1,700 credit this tax year.

## Zoning

R5 (part of the lot is C8-1): floor area ratio 1.56 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.

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