# 970 41st Street, Brooklyn

Condominium · 50 units · built 2005 · Block 5590, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3055907502/970-41-street

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

Every lot on block 5590: https://umarelli.org/nyc/brooklyn/5590.md

## Building permits

- Alteration, filed Sep 15, 2025, estimated cost $15K, described as “Interior renovation to retail stores at existing first floor add an existing 6 story mixed use building”

## Property taxes

- Assessment: $5,201,804
- 2026–27 tax: $510,917
- Market value (city estimate): $11,559,557
- Taxable value: $4,230,856
- Assessed land: $179,101
- Assessed improvements: $5,022,703
- Condo units with their own tax lots: 79

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2032, about $70,920 a year below the full tax.

## Zoning

R6: floor area ratio 3.22 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 18, 2024: $389,600, Apt 3C
- Aug 2, 2022: $570,000, Apt 6I, sold with other lots
- Sep 2, 2021: $532,000, Apt 3I, sold with other lots
- Aug 4, 2021: $500,000, Apt 5D
- Jun 28, 2021: $560,000, Apt 3G
- Jul 22, 2020: $640,000, Apt 5E, sold with other lots
- Dec 24, 2019: $470,000, Apt 3A
- Nov 18, 2019: $438,000, Apt 6D
- Oct 4, 2018: $570,000, Apt 3J
- Aug 9, 2018: $570,000, Apt 4D

The 10 most recent of 14 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