# 1575 61st Street, Brooklyn

Condominium · 11 units · built 2016 · Block 5516, Lot 7508.

On Umarelli: https://umarelli.org/nyc/3055167508/1575-61-street

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

Every lot on block 5516: https://umarelli.org/nyc/brooklyn/5516.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,615,503
- 2026–27 tax: $35,041
- Market value (city estimate): $3,590,000
- Taxable value: $281,700
- Assessed land: $157,502
- Assessed improvements: $1,458,001
- Condo units with their own tax lots: 11

## Tax breaks

- 421-a exemption, through Jun 30, 2034, about $151,412 a year below the full tax.

## Zoning

R6A: floor area ratio 5.08 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 7, 2024: $850,000, Apt 3L
- Nov 7, 2023: $1,625,000, Apt 6, sold with other lots
- Dec 27, 2022: $1,221,900, Apt 1R
- Dec 5, 2022: $999,000, Apt 5R, sold with other lots
- Sep 22, 2022: $932,500, Apt 2L
- Aug 9, 2022: $999,000, Apt 5L
- Jun 7, 2022: $954,000, Apt 4R
- May 23, 2022: $920,000, Apt 2R
- May 13, 2022: $995,000, Apt 1L
- Apr 26, 2022: $930,000, Apt 3R

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Brooklyn Yards (City Planning 2021K0161): Zoning map change, Zoning text change, Special permit, Authorization, Completed, decided Nov 21, 2024. This is a private application by Brooklyn Yards Development LLC requesting a ZM (M1-1 and R5 to C4-5, R6 and R6/C2-4); ZR to Appendix F (MIH) & I; ZS’s (74-743, 74-745, 74-533, and 74-681); and ZA’s (25-82 and 36-72) to facilitate a new…

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