1197 Fulton Street, Brooklyn
Industrial · built c. 1930 · Block 2000, Lot 35.
Building permits
- New Building — Multi-Family, filed Jul 13, 2026, 48 units, 9 stories, described as “Note: hub consultation meeting accepted 06/25/2026. Proposed new nine story and cellar mixed use building.”
- Alteration, filed Sep 9, 2026, estimated cost $15K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Sep 9, 2026, estimated cost $25K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Sep 9, 2026, estimated cost $7K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy. Shall comply with CHAPTER#33 of 2022 NYC building code.”
- Demolition, filed Jul 8, 2026, estimated cost $125K, described as “Full demolition to a three story building”
- Alteration, filed Apr 21, 2022, estimated cost $3K, described as “Install non-illuminated business accessory storefront awning with max. 12" height & max. 12 sq.ft. Of lettering "beyond" on exterior wall. No changes in use, egress or occupancy”
- Alteration, filed Dec 15, 2021, estimated cost $45K, described as “File plumbing work in-conjunction with DOB now application #: B00647353 install cooking equipment & plumbing work at the commercial kitchen of eating & drinking establishment. No change to use, egress or occupancy.”
- Alteration, filed Dec 10, 2021, estimated cost $85K, described as “Renovation of existing commercial space (supermarket)-install cooking equipment & plumbing work at the commercial kitchen of eating & drinking establishment. -mechanical systems”
Property taxes
- Assessment
- $877,050
- 2026–27 tax
- $82,841
- Market value (city estimate)
- $1,949,000
- Taxable value
- $763,650
- Assessed land
- $66,600
- Assessed improvements
- $810,450
Zoning
R7D: floor area ratio 3.00 built, 4.66 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 4, 2025: $4,000,000
- May 10, 2021: $1,200,000
Open-market sales since 2016, from the Department of Finance’s sales files.