# 1612 59th Street, Brooklyn

Apartment building · 7 units · built 2025 · Block 5510, Lot 12.

On Umarelli: https://umarelli.org/nyc/3055100012/1612-59-street

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

## Building permits

- New Building — Residential, filed Aug 30, 2022, estimated cost $583K, 2 units, 3 stories, described as “Proposed 3 story and cellar New Building”
- Alteration, filed Mar 12, 2024, described as “Installation of pipe scaffolding. No change in use, occupancy or egress. Work shall comply with chapter 33 of nycc.”
- Alteration, filed Jan 4, 2024, described as “Installation of heavy duty sidewalk shed. no change in use, occupancy or egress. work shall comply with chapter 33 of nycc.”
- Alteration, filed Dec 28, 2022, estimated cost $22K, described as “Installation of new plumbing fixture related with: cold water piping hot water piping re-circulation piping sanitary drainage piping sanitary vent PIPING2. Installation of new storm drainage system.3. Pl. In conjunction with NB application…”
- Alteration, filed Jan 27, 2022, estimated cost $200, described as “Filing for fence application”

## Property taxes

- Assessment: $301,500
- 2026–27 tax: $33,869
- Market value (city estimate): $670,000
- Taxable value: $272,280
- Assessed land: $72,000
- Assessed improvements: $229,500

## Zoning

R5: floor area ratio 1.80 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 21, 2021: $1,265,000

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