# 1251 43rd Street, Brooklyn

Condominium · 16 units · built 2022 · Block 5598, Lot 7521.

On Umarelli: https://umarelli.org/nyc/3055987521/1251-43-street

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

Every lot on block 5598: https://umarelli.org/nyc/brooklyn/5598.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $658,350
- 2026–27 tax: $53,122
- Market value (city estimate): $1,462,999
- Taxable value: $472,899
- Assessed land: $112,500
- Assessed improvements: $545,850
- Condo units with their own tax lots: 4

## Tax breaks

- Co-op and condo abatement, with no end date, a $5,702 credit this tax year.

## Zoning

R6: floor area ratio 2.58 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 8, 2024: $970,000, Apt 4
- Jul 3, 2024: $980,000, Apt 1
- Apr 11, 2024: $998,000, Apt 3
- Apr 2, 2024: $998,000, Apt 2

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