# 960 50th Street, Brooklyn

Condominium · 8 units · built 2009 · Block 5645, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3056457502/960-50-street

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

Every lot on block 5645: https://umarelli.org/nyc/brooklyn/5645.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $1,611,804
- 2026–27 tax: $110,601
- Market value (city estimate): $3,581,784
- Taxable value: $914,728
- Assessed land: $113,400
- Assessed improvements: $1,498,404
- Condo units with their own tax lots: 11

## Tax breaks

- ICAP/ICIP exemption, through Jun 30, 2035, about $43,733 a year below the full tax.
- 421-a exemption, through Jun 30, 2027, about $20,684 a year below the full tax.

## Zoning

R6: floor area ratio 3.68 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 3, 2022: $875,000, Apt 3B
- Oct 12, 2021: $850,000, Apt 2A
- Jul 29, 2021: $810,000, Apt 4B
- Nov 27, 2020: $999,000, Apt 5B

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