# 1002 Brighton Beach Ave, Brooklyn

Commercial · built 1942 · Block 8720, Lot 1.

On Umarelli: https://umarelli.org/nyc/3087200001/1002-brighton-beach-ave

More construction in Brighton Beach: https://umarelli.org/nyc/brooklyn/brighton-beach.md

## Building permits

- Alteration, filed Oct 30, 2026, estimated cost $250K, described as “Replace water-cooled chiller with dry cooler & remove existing cooling tower.”
- Alteration, filed Feb 17, 2026, estimated cost $4K, described as “Erect accessory business wall sign for j.p. Morgan, no change in use, egress, or occupancy.”
- Alteration, filed Mar 16, 2023, estimated cost $267K, described as “Herewith filingto install new air-cooled split systems. No change to use, egress or occupancy.”
- Alteration, filed Mar 15, 2023, estimated cost $89K, described as “Accessiblity upgrades for chase bank. No change to use, egress or occupancy.”
- Alteration, filed Mar 14, 2023, estimated cost $1.3M, described as “Interior renovation to the existing chase branch. No change to use, egress or occupancy.”
- Alteration, filed Mar 14, 2023, estimated cost $67K, described as “Install ADA accessible plumbing fixtures. No change to use, egress or occupancy.”
- Alteration, filed Dec 13, 2021, estimated cost $22K, described as “Remove existing cooling tower. Furnish and install cold water technology cooling tower knocked down. Assemble the package on existing steel frame. Provide water treatment. No change in use egress or occupancy.”
- Alteration, filed May 21, 2021, estimated cost $38K, described as “Registration of mechanical equipment in order to obtain EUPs”
- Alteration, filed May 21, 2021, estimated cost $63K, described as “Registration of mechanical equipment in order to obtain EUPS”
- Alteration, filed Mar 25, 2021, estimated cost $329K, described as “Removal and installation of interior non-bearing partitions and related finishes as per plans filed herewith. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $2,691,900
- 2026–27 tax: $262,923
- Market value (city estimate): $5,982,000
- Taxable value: $2,423,700
- Assessed land: $739,800
- Assessed improvements: $1,952,100

## Zoning

R6 (part of the lot is R7-1): floor area ratio 0.71 built, 2.43 allowed by base zoning.

## Recent sales

- Dec 22, 2016: $11,375,174

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

## 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).

## Board and land use applications

- 1002 Brighton Beach Avenue (City Planning 2019K0036): Completed, filed Dec 23, 2020, decided Jul 14, 2022. This is a private application by BKC3 Brighton LLC requesting a zoning map change (ZM) from R6/C1-2 and R7-1/C2-4 to C4-4D, and a zoning text amendment (ZR) to Appendix F to facilitate a 14-story, 169,000 sf mixed-use building including…

## In the news

[Apartment Tower With Affordable Housing Could Replace Jitterbug-Era Bank in Brighton Beach](https://www.brownstoner.com/development/affordable-housing-brooklyn-rezoning-development-1002-brighton-beach-avenue-chase-bank/), Brownstoner, Mar 4, 2021.

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