# 1770 61st Street, Brooklyn

Apartment building · 6 units · built 2017 · Block 5525, Lot 36.

On Umarelli: https://umarelli.org/nyc/3055250036/1770-61-street

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

Every lot on block 5525: https://umarelli.org/nyc/brooklyn/5525.md

## Building permits

- Alteration, filed Nov 27, 2023, estimated cost $128K, described as “CO for change of cellar from UG 6 to UG 4”
- Alteration, filed Nov 27, 2023, estimated cost $380K, described as “Proposed interior renovation & conversion from 6 to 4 dwelling units (as per tppn 3/97)”

## Property taxes

- Assessment: $757,800
- Market value (city estimate): $1,684,000
- Taxable value: $0
- Assessed land: $202,500
- Assessed improvements: $555,300

## Tax breaks

- Nonprofit exemption (charitable housing), with no end date, about $94,263 a year below the full tax.

## Zoning

R5: floor area ratio 1.52 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 27, 2023: $5,000,000

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