# 1277 Mcdonald Avenue, Brooklyn

Commercial · built c. 1931 · Block 6524, Lot 55.

On Umarelli: https://umarelli.org/nyc/3065240055/1277-mcdonald-avenue

More construction in Ocean Parkway: https://umarelli.org/nyc/brooklyn/ocean-parkway.md

## Building permits

- Alteration, filed Oct 26, 2023, estimated cost $8K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Major Renovation — Non-residential, filed May 4, 2022, estimated cost $3.6M, 3 stories, described as “Application filed herewith to propose new vertical and horizontal enlargement to existing one story commercial building. Proposing semi-industrial (jewelry manufacturing) at first floor, community facility (library) at second and third…”

## Property taxes

- Assessment: $1,612,800
- 2026–27 tax: $40,070
- Market value (city estimate): $3,584,000
- Taxable value: $1,612,800
- Assessed land: $171,450
- Assessed improvements: $1,441,350

## Tax breaks

- ICAP abatement, through Jun 30, 2041, a $134,886 credit this tax year.

## Zoning

M1-1: floor area ratio 1.65 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Apr 29, 2022: $3,900,000

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