# 1615 Cedar Street, Brooklyn

Apartment building · 43 units · built 2025 · Block 6745, Lot 14.

On Umarelli: https://umarelli.org/nyc/3067450014/1615-cedar-street

More construction in Midwood: https://umarelli.org/nyc/brooklyn/midwood.md

## Building permits

- Alteration, filed Jul 24, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 24, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 24, 2024, described as “Installation of temporary pipe and system scaffold as per plans. No change in use, egress or occupancy.”
- Demolition, filed Jul 12, 2024
- Alteration, filed Feb 20, 2024, estimated cost $3K, described as “Sprinkler application filed in conjunction with new building job #321649908.”
- Alteration, filed Feb 20, 2024, estimated cost $3K, described as “Plumbing application filed in conjunction with new building job #321649908.”
- Alteration, filed Feb 20, 2024, estimated cost $3K, described as “Mechanical application filed in conjunction with new building job #321649908.”
- Alteration, filed Feb 11, 2024, estimated cost $3K, described as “Fence application filed in conjunction with new building job #321649908.”
- Alteration, filed Dec 19, 2023, estimated cost $3K, described as “Structural application filed herewith in conjunction with NB application #321649908.”
- Alteration, filed May 8, 2022, estimated cost $20K, described as “This application is filed to install heavy duty sidewalk shed & pipe scaffolding as per plan in conjunction with new building job #: 321649908. No change in use, egress or occupancy.”
- Alteration, filed Sep 17, 2021, estimated cost $3K, described as “Proposed temporary construction fence work at osp. No change in use, egress or occupancy.”
- Alteration, filed Jul 14, 2021, estimated cost $200K, 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, bulk, or egress”
- Alteration, filed May 7, 2021, estimated cost $3K, described as “Proposed temporary construction fence work at osp.no change in use, egress or occupancy.”
- Alteration, filed May 7, 2021, estimated cost $3K, described as “Proposed temporary construction fence work at osp. No change in use, egress or occupancy.”
- Alteration, filed Nov 29, 2017, estimated cost $205, described as “Construction fence”

## Property taxes

- Assessment: $3,289,050
- 2026–27 tax: $9,708
- Market value (city estimate): $7,309,000
- Taxable value: $78,044
- Assessed land: $233,550
- Assessed improvements: $3,055,500

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $399,417 a year below the full tax.

## Zoning

R7A: floor area ratio 5.52 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 6, 2023: $4,500,000
- Sep 17, 2021: $1,375,000
- Jun 14, 2017: $875,000

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

[Housing Lottery Launches for 1615 Cedar Street in Midwood, Brooklyn](https://newyorkyimby.com/2025/02/housing-lottery-launches-for-1615-cedar-street-in-midwood-brooklyn.html), New York YIMBY, Feb 17, 2025.

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
