# 2882 86th Street, Brooklyn

Apartment building · 6 units · built 2006 · Block 7167, Lot 128.

On Umarelli: https://umarelli.org/nyc/3071670128/2882-86-street

More construction in Gravesend: https://umarelli.org/nyc/brooklyn/gravesend.md

## Building permits

- Alteration, filed Aug 11, 2023, estimated cost $24K, described as “Install kitchen and bathroom exhaust system and non-ducted mini split HVAC in conjunction with NB 301985412. No change in use, egress and occupancy.”
- Alteration, filed Mar 21, 2023, estimated cost $18K, described as “File boiler work type in conjunction with NB 301985412. No change in use, egress and occupancy.”
- Alteration, filed Aug 5, 2022, estimated cost $25K, described as “Install sprinkler system through out the building in conjunction with NB 301985412. No change in use, egress and occupancy.”

## Property taxes

- Assessment: $596,250
- 2026–27 tax: $2,089
- Market value (city estimate): $1,325,000
- Taxable value: $16,795
- Assessed land: $90,000
- Assessed improvements: $506,250

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $72,078 a year below the full tax.

## Zoning

R5: floor area ratio 1.35 built, 1.50 allowed by base zoning.

## Recent sales

- May 5, 2021: $880,000

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 2882 86th Street in Gravesend, Brooklyn](https://newyorkyimby.com/2023/11/housing-lottery-launches-for-2882-86th-street-in-gravesend-brooklyn.html), New York YIMBY, Nov 2, 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