# 1622 Mermaid Avenue, Brooklyn

Apartment building · 77 units · built 2024 · Block 7062, Lot 1.

On Umarelli: https://umarelli.org/nyc/3070620001/2905-west-17-street

More construction in Coney Island: https://umarelli.org/nyc/brooklyn/coney-island.md

## Building permits

- New Building — Large Residential, filed Oct 12, 2021, 77 units, 8 stories, described as “Proposed to erect eight story Quality Housing new building as per plans filed herewith.”
- Alteration, filed May 1, 2025, described as “Facade repair.”
- Alteration, filed May 9, 2024, estimated cost $65K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed May 7, 2024, estimated cost $10K, described as “Equipment use: single 6000 # capacity personnel/material hoist during NB const, filed sep. Hoist shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted separately”
- Alteration, filed Apr 23, 2024, estimated cost $35K, 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, or egress under this application.”
- Alteration, filed May 9, 2023, estimated cost $1K, described as “Filing herewith to erect an 8-story mix-use building.”
- Alteration, filed Feb 22, 2022, estimated cost $1K, described as “Herewithin filing temporary standpipe work, as per plans in conjunction with new building. Filed in conjunction with NB”
- Alteration, filed Oct 28, 2019, estimated cost $5K, 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, or egress under this application.”
- Alteration, filed Apr 1, 2019, estimated cost $5K, described as “Proposed 8' plywood or osb construction fence”
- Alteration, filed Oct 26, 2018, estimated cost $5K, 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, or egress under this application.”

## Property taxes

- Assessment: $2,744,100
- 2026–27 tax: $337,398
- Market value (city estimate): $6,098,000
- Taxable value: $2,712,420
- Assessed land: $335,700
- Assessed improvements: $2,408,400

## Zoning

R7X (part of the lot is R7A): floor area ratio 6.23 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 13, 2018: $5,800,000
- Dec 22, 2016: $3,762,234

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).

## Board and land use applications

- Coney Island Business Improvement District (City Planning 2026K0149): Business improvement district, Completed, filed Aug 25, 2025. An application by NYC Small Business Services (SBS) for the proposed establishment of Coney Island Business Improvement District along Surf Avenue generally bound by West 5th Street to West 23rd Street, Mermaid Avenue generally bound by…

## In the news

[Housing Lottery Launches for 2905 West 17th Street in Coney Island, Brooklyn](https://newyorkyimby.com/2026/09/housing-lottery-launches-for-2905-west-17th-street-in-coney-island-brooklyn.html), New York YIMBY, Sep 9, 2026.

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