# 1022 43rd Street, Brooklyn

Industrial · built c. 1930 · Block 5602, Lot 14.

On Umarelli: https://umarelli.org/nyc/3056020014/1022-43-street

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

## Building permits

- Major Renovation — Non-residential, filed Oct 8, 2026, estimated cost $6.7M, 8 stories, described as “Proposed 8 story and cellar community facility building.”
- Alteration, filed Aug 31, 2026, estimated cost $1K, described as “Construction fence filed herewith”

## Property taxes

- Assessment: $225,450
- Market value (city estimate): $501,000
- Taxable value: $0
- Assessed land: $72,000
- Assessed improvements: $153,450

## Tax breaks

- Nonprofit exemption (nonprofit, use planned), with no end date, about $24,457 a year below the full tax.

## Zoning

R6: floor area ratio 1.56 built, 2.43 allowed by base zoning.

## Recent sales

- Jan 7, 2026: $4,200,000, 6,265 sq ft ($670 per sq ft)

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