2501 86th Street, Brooklyn
Commercial · built 1940 · Block 6860, Lot 1.
Building permits
- New Building — Hotel, filed Oct 5, 2023, 24 hotel rooms, 6 stories, described as “This application is filed for new 6 story building with cellar. Proposed building is a mixed use with community facility(use group 4) and hotel (use group 5)”
- Alteration, filed Feb 20, 2024, estimated cost $9K, described as “Proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2022 code.”
- Alteration, filed Jan 26, 2024, estimated cost $5K, described as “Install 8 ft construction fence around the perimeter”
- Alteration, filed Dec 29, 2023, estimated cost $2K, described as “This application is filed for New installation of 12' wide curb cut in conjunction with NB # B00916875-I1”
- Alteration, filed Dec 29, 2023, estimated cost $5K, described as “Herewith to propose a 8'ft temporary 8' high wood construction fence. No changes in occupancy, use group, or egress under this application.”
Property taxes
- Assessment
- $448,650
- 2026–27 tax
- $48,670
- Market value (city estimate)
- $997,000
- Taxable value
- $448,650
- Assessed land
- $176,850
- Assessed improvements
- $271,800
Zoning
C8-2: floor area ratio 0.62 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NAVD88).
Recent sales
- Feb 14, 2023: $4,800,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 8521 25th Avenue in Gravesend, Brooklyn, New York YIMBY, Oct 7, 2023.