# 1542 68th Street, Brooklyn

Condominium · 8 units · built 2012 · Block 5574, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3055747501/1542-68-street

More construction in Bensonhurst: https://umarelli.org/nyc/brooklyn/bensonhurst.md

Every lot on block 5574: https://umarelli.org/nyc/brooklyn/5574.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $485,053
- 2026–27 tax: $3,884
- Market value (city estimate): $7,226,219
- Taxable value: $20,722
- Assessed land: $35,009
- Assessed improvements: $450,044
- Condo units with their own tax lots: 16

## Tax breaks

- 421-a exemption, through Jun 30, 2031, about $87,022 a year below the full tax.

## Zoning

R5: floor area ratio 1.66 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 9, 2021: $680,000, Apt 2C
- May 14, 2021: $640,000, Apt P4, sold with other lots
- Mar 19, 2020: $673,000, Apt P7, sold with other lots
- Mar 6, 2020: $658,000, Apt P3, sold with other lots
- Feb 4, 2020: $725,000, Apt P1, sold with other lots
- Feb 8, 2017: $608,913, Apt 3C
- Jan 12, 2017: $560,037, Apt 2C
- Jan 9, 2017: $598,731, Apt 3B
- Jan 4, 2017: $560,037, Apt 2A
- Dec 20, 2016: $585,493

The 10 most recent of 13 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