# 1529 62nd Street, Brooklyn

Industrial · built c. 1930 · Block 5530, Lot 16.

On Umarelli: https://umarelli.org/nyc/3055300016/1529-63-street

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

## Building permits

- Alteration, filed Feb 18, 2026, estimated cost $5.4M, described as “GC, foundation and framing, no change of use egress or bulk”
- Alteration, filed Sep 9, 2025, estimated cost $5K, described as “Installation of temporary roof protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 17, 2025, estimated cost $179K, described as “Framing plans no change of use egress or bulk”
- Alteration, filed Aug 8, 2024, estimated cost $2K, described as “Installing 8 Feet high construction fence in conjunction with job # B07993486”
- Alteration, filed Mar 22, 2024, estimated cost $25K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Mar 22, 2024, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Major Renovation — Non-residential, filed Sep 22, 2022, 3 stories, described as “Adding 1 mezzanine and 1 story to existing 3 story and cellar commercial building, not increasing floor area”
- Alteration, filed Jun 22, 2022, estimated cost $195K, described as “General construction includes interior demolition, foundation and framing, no change of use egress or bulk”
- Alteration, filed Jun 21, 2022, estimated cost $140K, described as “Support of excavation work”
- Alteration, filed Jun 7, 2018, estimated cost $130, described as “Requesting to erect 8'-0" High Construction Fence and a Sidewalk Construction Shed, as per the drawings filed herewith. No change in use, occupancy or egress is proposed.”

## Property taxes

- Assessment: $1,348,650
- 2026–27 tax: $146,302
- Market value (city estimate): $2,997,000
- Taxable value: $1,348,650
- Assessed land: $403,650
- Assessed improvements: $945,000

## Zoning

M1-1: floor area ratio 2.70 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 30, 2020: $32,000,000, 37,200 sq ft ($860 per sq ft)
- Oct 15, 2020: $13,250,000, 37,200 sq ft ($356 per sq ft)

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