524 Ocean View Avenue, Brooklyn
Apartment building · 27 units · built 2019 · Block 8675, Lot 76.
Building permits
- Alteration, filed Mar 8, 2019, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $2,317,950
- 2026–27 tax
- $8,650
- Market value (city estimate)
- $5,151,000
- Taxable value
- $69,540
- Assessed land
- $360,000
- Assessed improvements
- $1,957,950
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $279,680 a year below the full tax.
Zoning
R6: floor area ratio 2.70 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NAVD88).
Recent sales
- Feb 25, 2016: $706,250, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 524 Ocean View Avenue in Brighton Beach, Brooklyn, New York YIMBY, Jan 15, 2022.