# 422 Fulton Street, Brooklyn

Condominium · built c. 1920 · Block 156, Lot 7502.

On Umarelli: https://umarelli.org/nyc/3001567502/422-fulton-street

More construction in Downtown Brooklyn: https://umarelli.org/nyc/brooklyn/downtown-brooklyn.md

## Building permits

- Alteration, filed Sep 11, 2026, estimated cost $310K, described as “Interior structural partial demo from sub-cellar through 4TH floor, including selective demolition of existing concrete floor slabs, steel beams, girders, columns, associated structural connections, as shown on plans. No change in use…”
- Alteration, filed Sep 11, 2026, estimated cost $281K, described as “Sprinkler modifications as shown on plans filed herewith to include fire pump dedicated to the existing sprinkler system, associated piping, and temporary sprinkler loop”
- No Work, filed Aug 5, 2026
- No Work, filed Jul 31, 2026
- Alteration, filed Jul 27, 2026, estimated cost $175K, described as “Application filed herewith for non- structural interior demo of existing partitions, doors, ceiling and related finishes. No change of use, egress or occupancy under this application”
- No Work, filed Jul 16, 2026
- No Work, filed Jul 16, 2026
- No Work, filed Jul 16, 2026
- Alteration, filed Jun 26, 2026, described as “Installation of temporary suspended scaffolds per plan submitted. Work shall comply with 2022 building code chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 15, 2025, estimated cost $20K, described as “Temporary pipe scaffold as per drawings. Scaffold shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Sep 8, 2025, estimated cost $12.0M, described as “Hereby filing to construct interior partitions, ceilings and doors for high school fit out as shown on plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Aug 14, 2025, estimated cost $350K, described as “Non-structural interior demolition of existing partitions and related finishes. No change of use, egress or occupancy under this application”
- Alteration, filed Aug 5, 2025, estimated cost $3.5M, described as “Hereby filing new entry lobby on 1st and 1st floor mezz, split for existing lobby as shown on plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Aug 5, 2025, estimated cost $5.0M, described as “Hereby filing to construct one story addition converting a single story shell 10th floor to a double story space to be used as gymnasium as shown on plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Aug 16, 2024, described as “Rigging for industrial rope access”
- Alteration, filed Jul 24, 2024, described as “Installation of temporary suspended scaffold equipment.”
- Alteration, filed Feb 16, 2024, estimated cost $35K, described as “Installation of temporary shoring along perimeter of all openings and areas of loose concrete removals. No change to use, egress or occupancy.”
- Alteration, filed May 13, 2023, estimated cost $466K, described as “9th Cycle Facade Inspection & Safety Program. No change to use, egress or occupancy.”
- Alteration, filed May 9, 2023, estimated cost $5K, described as “Installation of a sidewalk shed”
- Alteration, filed Apr 21, 2023, estimated cost $800, described as “Erect non-illuminated accessory channel letter canopy sign-A1 on the existing canopy structure, non-flashing, non-advertising sign, no change in use, egress, or occupancy”
- Alteration, filed Apr 21, 2023, estimated cost $1K, described as “Erect non-illuminated, accessory business wall sign-A2 with back panel, no change to use, egress or occupation”
- Alteration, filed Jul 27, 2022, estimated cost $1K, described as “Installation of temporary overhead protection as per plan. No change in use,egress or occupancy.”
- No Work, filed Jul 6, 2022
- Alteration, filed Jun 16, 2022, estimated cost $309K, described as “Hereby filing an Interior fit-out of Tenant Amenity and accessory spaces as shown on plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Jun 14, 2022, estimated cost $37K, described as “Hereby filing remove and install plumbing fixtures, sprinkler heads, and related piping for tenant amenity and accessory spaces as shown on plans filed herewith. no change to use, occupancy or egress.”

52 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/3001567502/422-fulton-street.

## Property taxes

- Assessment: $95,778,004
- 2026–27 tax: $5,150,103
- Market value (city estimate): $212,840,001
- Taxable value: $69,406,357
- Assessed land: $8,325,003
- Assessed improvements: $87,453,001
- Condo units with their own tax lots: 12

## Tax breaks

- Nonprofit exemption (college or university), with no end date, about $2,311,220 a year below the full tax.
- ICAP/ICIP exemption, through Jun 30, 2032, about $104,964 a year below the full tax.

## Zoning

C5-4: floor area ratio 11.54 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 4, 2024: $23,000,000, Unit MACYS
- Jan 28, 2016: $117,037,454, Apt TS1

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 422 FULTON ST, 15 HOYT ST (City Planning P1989K0871): Completed, decided Feb 25, 1991. CONSENT TO CONTINUE TO MAINTAIN & USE A BRIDGE OVER & ACROSS\*HOYT ST, N/O LIVINGSTON ST
- 422 FULTON ST, 15 HOYT ST (City Planning P1989K0872): Completed, decided Feb 25, 1991. REVOCABLE CONSENT TO CONTINUE TO MAINTAIN & USE A TUNNEL\*UNDER & ACROSS HOYT ST, N/O LIVINGSTON ST
- Proposed Extension of the Downtown Brooklyn BID (City Planning 2027K0210): Business improvement district, In Public Review. An action to facilitate a merger of 2 Business Improvement Districts (BID) and 1 Special Assessment District (SAD). The merger of the MetroTech Area BID, Court-Livingston-Schermerhorn BID and Fulton Mall SAD in Downtown Brooklyn, Community…

## In the news

[‘BKX’ Mixed-Use Redevelopment Announced for Macy’s Building at 422 Fulton Street In Downtown Brooklyn, Brooklyn](https://newyorkyimby.com/2026/07/bkx-mixed-use-redevelopment-announced-for-macys-building-at-422-fulton-street-in-downtown-brooklyn-brooklyn.html), New York YIMBY, Jul 8, 2026.

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