# 1700 Jerome Avenue, Brooklyn

Apartment building · 36 units · built 2024 · Block 7462, Lot 67.

On Umarelli: https://umarelli.org/nyc/3074620067/1700-jerome-avenue

More construction in Sheepshead Bay: https://umarelli.org/nyc/brooklyn/sheepshead-bay.md

## Building permits

- New Building — Multi-Family, filed Mar 23, 2022, 36 units, 7 stories, described as “Proposed 7 story mixed use building 36 dwelling units, and community facility”
- Alteration, filed Mar 29, 2026, estimated cost $3K, described as “Installation of an illuminated business accessory sign . No change in use, egress or occupancy.”
- Alteration, filed Mar 31, 2025, estimated cost $190K, described as “Tenant fit work: renovation work in the retail space on the first floor such as install countertop, kitchen appliances, freezer and cosmetic work of painting and flooring. No changes in the use, egress and occupancy.”
- Alteration, filed Sep 18, 2024, estimated cost $440, described as “Erect a non-illuminated business accessory blade sign. No change in use, egress, or occupancy.”
- Alteration, filed Sep 18, 2024, estimated cost $8K, described as “Erect an illuminated business accessory wall sign. No change in use, egress, or occupancy.”
- Alteration, filed Sep 18, 2024, estimated cost $440, described as “Erect a non-illuminated business accessory blade sign. No change in use, egress, or occupancy.”
- Alteration, filed Jul 2, 2024, estimated cost $30K, described as “Limited plumbing work proposed as per plans filed herewith, no change to use, egress or occupancy.”
- Alteration, filed Jul 2, 2024, estimated cost $70K, described as “Proposed new unit and vent piping as per plans filed here with.. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2024, estimated cost $75K, described as “Interior renovation to existing commercial space, addition of non-load bearing walls, ceilings, flooring. No change in use, egress or occupancy under this application.”
- Alteration, filed May 20, 2024, estimated cost $10K, described as “Application filing for the erection of a shanty situated within the first floor of structure under construction. Location will be coordinated by latest approved plans.”
- Alteration, filed Apr 13, 2024, estimated cost $8K, described as “Installation of temporary needle beam as per plans. Needle beam shall comply with the chapter #33 of the code. No changes in use egress or occupancy under this application.”
- Alteration, filed Apr 5, 2024, estimated cost $10K, described as “Installation of 300 psf sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 29, 2023, estimated cost $20K, described as “Installation of 300 psf sidewalk shed, pipe scaffolding, roof protection, and overhead protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 18, 2023, estimated cost $208K, described as “Interior renovation to existing (one) story & mezzanine commercial building, and change to CO (removal of OSP parking)”
- Alteration, filed Dec 13, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 2, 2022, estimated cost $30K, described as “Partial demo and renovations as per plans filed . No change on use or egress”
- Alteration, filed May 2, 2022, estimated cost $2K, described as “Structural filed in conjunction with NB GC # B00693081-I1”
- Alteration, filed Apr 1, 2022, estimated cost $2K, described as “Support of excavation filed in conjunction with new building # B00693081-I1.”
- Alteration, filed Mar 31, 2022, estimated cost $2K, described as “Foundation filed in conjunction with NB # B00693081-I1”

## Property taxes

- Assessment: $4,323,150
- 2026–27 tax: $22,736
- Market value (city estimate): $9,607,000
- Taxable value: $182,778
- Assessed land: $277,200
- Assessed improvements: $4,045,950

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $515,021 a year below the full tax.

## Zoning

C4-2: floor area ratio 4.88 built, above the 3.40 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 9 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NAVD88).

## In the news

[Housing Lottery Launches for 1700 Jerome Avenue in Sheepshead Bay, Brooklyn](https://newyorkyimby.com/2025/01/housing-lottery-launches-for-1700-jerome-avenue-in-sheepshead-bay-brooklyn.html), New York YIMBY, Jan 4, 2025.

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