# 1556 63rd Street, Brooklyn

Industrial · built c. 1931 · Block 5537, Lot 29.

On Umarelli: https://umarelli.org/nyc/3055370029/1556-63-street

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

Every lot on block 5537: https://umarelli.org/nyc/brooklyn/5537.md

## Building permits

- Alteration, filed Jan 9, 2023, estimated cost $83K, described as “Remove and replace existing condenser units in the roof in the existing dunnage as per plans filed.”

## Property taxes

- Assessment: $1,177,650
- 2026–27 tax: $96,889
- Market value (city estimate): $2,617,000
- Taxable value: $893,151
- Assessed land: $171,000
- Assessed improvements: $1,006,650

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2029, about $18,414 a year below the full tax.

## Zoning

M1-1: floor area ratio 2.56 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## 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