1688 East 18th Street, Brooklyn
Apartment building · 19 units · built 2023 · Block 6780, Lot 37.
Building permits
- New Building — Multi-Family, filed Mar 14, 2022, 19 units, 8 stories, described as “Application filed herewith to erect a new eight (8) story residential building with a total of nineteen (19) dwelling units”
- Alteration, filed Nov 8, 2023, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed/scaffold as per plans during new building work. No change in use, egress or occupancy. Sidewalk shed/scaffold to comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed May 23, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Apr 14, 2022, described as “Paa filed herewith to updated foundtion drawings”
Property taxes
- Assessment
- $1,264,500
- 2026–27 tax
- $21,719
- Market value (city estimate)
- $2,810,000
- Taxable value
- $174,600
- Assessed land
- $64,800
- Assessed improvements
- $1,199,700
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $135,573 a year below the full tax.
Zoning
R7A: floor area ratio 4.54 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
- Aug 10, 2023: $1,950,000
- Nov 4, 2021: $1,443,500
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1688 East 18th Street in Homecrest, Brooklyn, New York YIMBY, Aug 21, 2023.