# 862 55th Street, Brooklyn

Single family with store · built c. 1920 · Block 5679, Lot 32.

On Umarelli: https://umarelli.org/nyc/3056790032/862-55-street

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

## Building permits

- New Building — Multi-Family, filed Nov 2, 2023, 13 units, 4 stories, described as “Proposed new 4 stories brick building, with 2 community facility units and 13 class a apt”
- Alteration, filed Mar 11, 2025, estimated cost $15K, described as “Installation of heavy-duty sidewalk shed for exterior repairs as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Mar 6, 2025, estimated cost $10K, described as “Install 8' solid construction Full for demolition for one store garage.”
- Demolition, filed Jun 6, 2024, estimated cost $5K, described as “Full demolition for one store garage.”
- Demolition, filed Jun 6, 2024, estimated cost $40K, described as “Proposed full demolition of existing 2 story masonry building.”
- Alteration, filed Jun 6, 2024, estimated cost $10K, described as “Install temporary construction fence.”
- Alteration, filed Mar 29, 2023, estimated cost $6K, described as “Remove ecb violations: 39082503R, 39082504Z, 39082505K and 39082506M; toremove illegal partition wall, doors and restore back to prior legal condition. No change in use, egress or occupancy under this application.”
- Alteration, filed Mar 29, 2023, estimated cost $3K, described as “Remove ecb violations: 39082503R, 39082504Z, 39082505K and 39082506M; to remove illegal kitchen and bathtub on first floor as per plan. No changein use, egress or occupancy under this application.”

## Property taxes

- Assessment: $117,360
- 2026–27 tax: $11,647
- Market value (city estimate): $1,956,000
- Taxable value: $58,694
- Assessed land: $25,500
- Assessed improvements: $91,860

## Zoning

R6: floor area ratio 1.16 built, 2.43 allowed by base zoning.

## Recent sales

- Sep 2, 2022: $1,600,000

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

## Flood zone

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

## In the news

[Permits Filed for 862 55th Street in Sunset Park, Brooklyn](https://newyorkyimby.com/2024/02/permits-filed-for-862-55th-street-in-sunset-park-brooklyn.html), New York YIMBY, Feb 24, 2024.

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