# 1716 East 54th Street, Brooklyn

Apartment building · 11 units · built 2021 · Block 8493, Lot 61.

On Umarelli: https://umarelli.org/nyc/3084930061/1716-east-54-street

More construction in Mill Basin: https://umarelli.org/nyc/brooklyn/mill-basin.md

## 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.

## Recent sales

- Oct 11, 2016: $333,334

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

## 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.

## In the news

[Housing Lottery Launches for 1716 East 54th Street in Flatlands, Brooklyn](https://newyorkyimby.com/2024/02/housing-lottery-launches-for-1716-east-54th-street-in-flatlands-brooklyn.html), New York YIMBY, Feb 25, 2024.

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