# 5402 Fort Hamilton Parkway, Brooklyn

Commercial · Block 5673, Lot 42.

On Umarelli: https://umarelli.org/nyc/3056730042/5402-fort-hamilton-parkway

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

## Building permits

- New Building — Non-residential, filed Oct 4, 2021, estimated cost $12.0M, 7 stories, described as “New seven (7) story and cellar, commercial and community facility building.”
- Alteration, filed Jul 11, 2024, estimated cost $152K, described as “Interior partition plan”
- Alteration, filed Apr 17, 2023, estimated cost $3K, described as “Installation of needle and system beam as per plans. Needle and system beam shall comply with chapter #33 of the 2022 code, no change in use, egress or occupancy under this application.”
- Alteration, filed Mar 6, 2023, estimated cost $12K, described as “Installation of pipe scaffold as per chapter 33 of NYCBC. No change in use, egress, or occupancy”
- Alteration, filed Feb 9, 2023, estimated cost $20K, described as “Installation of heavy duty sidewalk shed as per chapter 33 of NYCBC. No change in use, egress, or occupancy”
- Alteration, filed Apr 26, 2022, estimated cost $596K, described as “Plumbing and Fire Sprinkler / Standpipe drawings filed herewith.”
- Alteration, filed Apr 26, 2022, estimated cost $76K, described as “Mechanical plans filed herewith in conjunction with DOB NB application #: 321310808.”
- Alteration, filed Apr 14, 2022, estimated cost $1K, described as “Structural application in conjunction with NB #B00529596-I1”
- Alteration, filed Apr 14, 2022, estimated cost $1K, described as “Foundation and earthwork in conjunction with NB #B00529596-I1”
- Alteration, filed Mar 16, 2022, estimated cost $1K, described as “Support of excavation in conjunction with NB #B00529596-I1”
- Alteration, filed Dec 8, 2021, estimated cost $10K, described as “Curb cut application in conjunction with new building application #B00529596-I1”
- Alteration, filed Oct 18, 2017, estimated cost $10K, described as “Temporary wood construction fence. No change in use, egress, or occupancy.”

## Property taxes

- Assessment: $10,406,700
- 2026–27 tax: $43,313
- Market value (city estimate): $23,126,000
- Taxable value: $10,159,920
- Assessed land: $144,000
- Assessed improvements: $10,262,700

## Tax breaks

- ICAP abatement, through Jun 30, 2050, a $1,058,835 credit this tax year.

## Zoning

R6: floor area ratio 5.65 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 17, 2021: $6,200,000, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Variance or special permit (Board of Standards and Appeals 2017-192-BZ): Variance or special permit, Granted, filed May 26, 2017, decided Dec 11, 2018. Special Permit (§73-44) to allow the reduction of required parking for ambulatory diagnostic or treatment facility (Use Group 4) (Parking Category PRC B1). C1-3/R6 zoning district.
- 5402 FORT HAMILTON PARKWAY (City Planning P2012K0243): Completed, decided Mar 4, 2015. A private application by Fort Hamilton, LLC for a rezoning from R5 TO R6 to facilitate the development of an ambulatory and diagnostic treatment facility with medical offices uses at 5402 Fort Hamilton Parkway in Brooklyn Community…

## In the news

[Permits Filed for 5402 Fort Hamilton Parkway in Borough Park, Brooklyn](https://newyorkyimby.com/2021/10/permits-filed-for-5402-fort-hamilton-parkway-in-borough-park-brooklyn.html), New York YIMBY, Oct 6, 2021.

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