# 1506 East 3rd Street, Brooklyn

Three-family · built c. 1930 · Block 6584, Lot 17.

On Umarelli: https://umarelli.org/nyc/3065840017/1506-east-3-street

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

## Building permits

- Alteration, filed Mar 1, 2024, estimated cost $16K, described as “Application filed herewith for minor interior renovation to cellar, first, second, and attic floors of existing three (3) story and three (3) dwelling unit building change in use, egress, or occupancy.”
- Major Renovation — Residential, filed Dec 29, 2023, estimated cost $1.3M, 1 unit in all, 3 stories, described as “Interior renovation to cellar, first, second, and attic floor of existing 2 1/2 story, Three (3) dwelling unit building, with horizontal enlargement and converting to a one (1) dwelling unit building. all as per the nyc code & zoning rules…”

## Property taxes

- Assessment: $176,040
- 2026–27 tax: $12,644
- Market value (city estimate): $2,934,000
- Taxable value: $63,718
- Assessed land: $31,920
- Assessed improvements: $144,120

## Zoning

R5: floor area ratio 0.78 built, 1.50 allowed by base zoning.

## Recent sales

- Nov 17, 2020: $1,999,750, 3,531 sq ft ($566 per sq ft)

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