# 2249 Nostrand Avenue, Brooklyn

Hotel · built 2023 · Block 7576, Lot 16.

On Umarelli: https://umarelli.org/nyc/3075760016/2249-nostrand-avenue

More construction in Flatbush: https://umarelli.org/nyc/brooklyn/flatbush.md

## Building permits

- New Building — Hotel, filed Mar 15, 2021, 96 hotel rooms, 8 stories, described as “As per the commissioner's request for adjacent building's approval, add one zoning lot three tax lot into our filing information. Proposed 8-story hotel new building filing.”
- Alteration, filed Jul 30, 2024, estimated cost $1K, described as “Propose to install non-advertising sign. No change in use, egress, or occupancy.”
- Alteration, filed Jul 5, 2022, estimated cost $10K, described as “Installation of pipe scaffold asper chapter 33. No change in use, egress or occupancy. SF and PMM to be filed separately”

## Property taxes

- Assessment: $3,689,100
- 2026–27 tax: $126,921
- Market value (city estimate): $8,198,000
- Taxable value: $3,678,210
- Assessed land: $235,800
- Assessed improvements: $3,453,300

## Tax breaks

- ICAP abatement, through Jun 30, 2050, a $272,091 credit this tax year.

## Zoning

C8-2 (part of the lot is R6): floor area ratio 4.90 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 30, 2020: $6,140,000

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

[Permits Filed for 2249 Nostrand Avenue in Flatbush, Brooklyn](https://newyorkyimby.com/2023/11/permits-filed-for-2249-nostrand-avenue-in-flatbush-brooklyn.html), New York YIMBY, Nov 23, 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