# 1688 East 18th Street, Brooklyn

Apartment building · 19 units · built 2023 · Block 6780, Lot 37.

On Umarelli: https://umarelli.org/nyc/3067800037/1688-east-18-street

More construction in Madison: https://umarelli.org/nyc/brooklyn/madison.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 1688 East 18th Street in Homecrest, Brooklyn](https://newyorkyimby.com/2023/08/permits-filed-for-1688-east-18th-street-in-homecrest-brooklyn.html), New York YIMBY, Aug 21, 2023.

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