# 863 59th Street, Brooklyn

Two-family · built c. 1925 · Block 5700, Lot 53.

On Umarelli: https://umarelli.org/nyc/3057000053/863-59-street

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

## Building permits

- Alteration, filed Feb 19, 2024, estimated cost $36K, described as “Installation of solar PV system. No change to use, egress, or occupancy.”
- Alteration, filed Jun 26, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Major Renovation — Enlargement, filed Mar 4, 2022, estimated cost $775K, 3 units added, 4 stories, described as “Proposed enlargement on a 2 story building. Obtain new c of o.”

## Property taxes

- Assessment: $109,380
- 2026–27 tax: $7,184
- Market value (city estimate): $1,823,000
- Taxable value: $49,685
- Assessed land: $23,820
- Assessed improvements: $85,560

## Tax breaks

- Solar abatement, through Jun 30, 2028, a $2,675 credit this tax year.

## Zoning

R6: floor area ratio 0.88 built, 2.43 allowed by base zoning.

## Recent sales

- Dec 16, 2021: $1,750,000

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