125 Kings Highway, Brooklyn
Apartment building · 61 units · built 2022 · Block 6618, Lot 27.
Building permits
- Alteration, filed Sep 9, 2021, estimated cost $1K, described as “Installation of supported scaffolding in accordance with nycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Sep 2, 2021, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Jun 9, 2021, estimated cost $669K, described as “Structural plans filed herewith in conjunction with NB job #340752714.”
- Alteration, filed Mar 15, 2021, estimated cost $10K, described as “Construction fence filed herewith in conjunction with NB 340752714.”
- Alteration, filed Jan 12, 2021, estimated cost $1K, described as “New 12' curb cut including splays. Located on stillwell avenue, 80' from corner of kings highway. Filed herewith in conjunction with NB 340752714.”
- Alteration, filed Oct 26, 2020, estimated cost $700K, described as “Propose sprinkler work as per plan in conjunction with NB#340752714”
- Alteration, filed Sep 17, 2020, estimated cost $1K, described as “Installation of plumbing fixtures in conjunction with NB#340752714”
- Alteration, filed Sep 17, 2020, estimated cost $355K, described as “Install new HVAC system on cellar, 1st-7th floor and roof.”
- Alteration, filed Mar 19, 2020, estimated cost $30K, described as “Install temporary 8' tall wooden construction fence in accordance with section 3307.7 to close off the work area on the ground floor.”
- Alteration, filed Dec 21, 2018, estimated cost $3K, described as “Installation of an 8' wood construction fence as per plans filed herewith. No change to use, egress or occupancy.”
Property taxes
- Assessment
- $4,641,300
- 2026–27 tax
- $57,520
- Market value (city estimate)
- $10,314,000
- Taxable value
- $462,420
- Assessed land
- $867,600
- Assessed improvements
- $3,773,700
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $519,811 a year below the full tax.
Zoning
R7A: floor area ratio 4.76 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 7, 2022: $3,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 125 Kings Highway in Gravesend, Brooklyn, New York YIMBY, Aug 9, 2020.