# 2727 Homecrest Avenue, Brooklyn

Apartment building · 45 units · built 2022 · Block 8764, Lot 4.

On Umarelli: https://umarelli.org/nyc/3087640004/2727-homecrest-avenue

More construction in Sheepshead Bay: https://umarelli.org/nyc/brooklyn/sheepshead-bay.md

## Building permits

- Alteration, filed May 3, 2022, estimated cost $1K, described as “Installation of temporary debris chute as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 9, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 31, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 19, 2021, estimated cost $29K, described as “Installation of a temporary standpipe with air pressurized system in conjunction with new building application# 322037871. No change in use, egress or occupancy.”
- Alteration, filed Jul 23, 2021, estimated cost $1K, described as “Structural application filed in conjunction with NB# 322037871”
- Alteration, filed Jun 1, 2021, estimated cost $1K, described as “Install a 12'-0" curb cut on the south side of Shore Parkway distant 64'-11" east of East 12th Street in conjunction with New Building Application #322037871”
- Alteration, filed Jun 1, 2021, estimated cost $1K, described as “Install a 12'-0" curb cut on the east side of East 12th Street distant 91'-11" south of Shore Parkway in conjunction with New Building Application #322037871”
- Alteration, filed Jun 1, 2021, estimated cost $1K, described as “Temporary 8'-0" high construction fence in conjunction with new building application #322037871”
- Alteration, filed Jan 27, 2021, estimated cost $571K, described as “Installation of sprinkler/standpipe for entire building in conjunction with new building application #322037871. No change in use, egress or occupancy.”
- Alteration, filed Jan 27, 2021, estimated cost $463K, described as “Installation of plumbing system for entire building in conjunction with new building application # 322037871. No change in use, egress or occuancy.”
- Alteration, filed Jan 27, 2021, estimated cost $396K, described as “Installation of heating and cooling system for entire building in conjunction with new building #322037871. No change in use, egress or occupancy.”
- Alteration, filed Aug 28, 2018, estimated cost $5K, described as “Erect, maintain and dismantle construction safety fence as per plans filed herewith. no change to use, egress or occupancy.”

## Property taxes

- Assessment: $5,823,000
- 2026–27 tax: $41,173
- Market value (city estimate): $12,940,000
- Taxable value: $331,001
- Assessed land: $387,450
- Assessed improvements: $5,435,550

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $584,064 a year below the full tax.

## Zoning

R6: floor area ratio 4.75 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 4, 2020: $3,300,000

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).

## In the news

[Affordable Housing Lottery Launches for 2733 East 12th Street in Brighton Beach, Brooklyn](https://newyorkyimby.com/2022/12/affordable-housing-lottery-launches-for-2733-east-12th-street-in-brighton-beach-brooklyn.html), New York YIMBY, Dec 6, 2022.

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