1716 East 54th Street, Brooklyn
Apartment building · 11 units · built 2021 · Block 8493, Lot 61.
Building permits
- Alteration, filed Jun 21, 2019, estimated cost $1K, described as “Erect Temporary Construction fence as shown on drawings submitted herewith”
Property taxes
- Assessment
- $1,125,000
- 2026–27 tax
- $2,926
- Market value (city estimate)
- $2,500,000
- Taxable value
- $23,524
- Assessed land
- $320,850
- Assessed improvements
- $804,150
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $137,013 a year below the full tax.
Zoning
R5: floor area ratio 1.52 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Oct 11, 2016: $333,334
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 1716 East 54th Street in Flatlands, Brooklyn, New York YIMBY, Feb 25, 2024.