# 951 55th Street, Brooklyn

Two-family · built c. 1910 · Block 5673, Lot 69.

On Umarelli: https://umarelli.org/nyc/3056730069/951-55-street

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

## Building permits

- Alteration, filed May 1, 2025, estimated cost $30K, described as “Installation of solar PV system. No change to use, egress, or occupancy.”
- Major Renovation — Enlargement, filed Aug 3, 2023, estimated cost $1.4M, 2 units added, 4 stories, described as “Proposed horizontal and vertical enlargement on a 2 story building. Obtain new 4 families c of o.”

## Property taxes

- Assessment: $73,860
- 2026–27 tax: $6,381
- Market value (city estimate): $1,231,000
- Taxable value: $43,507
- Assessed land: $27,120
- Assessed improvements: $46,740

## Tax breaks

- Solar abatement, through Jun 30, 2030, a $2,252 credit this tax year.

## Zoning

R6: floor area ratio 0.81 built, 2.43 allowed by base zoning.

## Recent sales

- Oct 24, 2022: $1,200,000

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