# 1602 62nd Street, Brooklyn

Commercial · built c. 1925 · Block 5531, Lot 6.

On Umarelli: https://umarelli.org/nyc/3055310006/1602-62-street

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

Every lot on block 5531: https://umarelli.org/nyc/brooklyn/5531.md

## Building permits

- Alteration, filed Dec 17, 2024, estimated cost $800, described as “Install exterior illuminated wall sign (adult and pediatric medicine)”
- Alteration, filed Dec 17, 2024, estimated cost $5K, described as “Install exterior illuminated wall sign (healthcare choices community health center)”
- Alteration, filed Oct 14, 2022, estimated cost $191K, described as “Filing for storefront renovation as per plans submitted. No change in egress, use, or occupancy.”

## Property taxes

- Assessment: $1,069,200
- 2026–27 tax: $105,218
- Market value (city estimate): $2,376,000
- Taxable value: $969,930
- Assessed land: $117,000
- Assessed improvements: $952,200

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2027, about $5,204 a year below the full tax.

## Zoning

M1-1: floor area ratio 0.89 built, 1.00 allowed by base zoning.

## 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