1068 Fulton Street, Brooklyn
Apartment building · 41 units · built 2017 · Block 2016, Lot 12.
Building permits
- Alteration, filed Feb 25, 2020, estimated cost $10K, described as “Structural work in conjunction with ALT I application 321995178”
- Alteration, filed Jan 6, 2020, estimated cost $165K, described as “Mechanical system drawings in conjunction with alt 1 application 321995178 to convert existing retail space at cellar and 1ST floor to a daycare center.”
- Alteration, filed Jan 6, 2020, estimated cost $165K, described as “Plumbing and sprinkler system drawings in conjunction with alt 1 application 321995178 to convert existing retail space at cellar and 1ST floor to a daycare center. Existing sprinkler system to be modified for new interior layout.”
- Alteration, filed Oct 26, 2017, described as “Installation of plywood fence enclosure as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 24, 2017, described as “Installation of temporary sidewalk shed per plan submitted, work shall comply with 2014 building code chapter 33. No change in use, egress and/or occupancy with this application”
- Alteration, filed Oct 17, 2017, described as “Installation of heavy duty sidewalk shed. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $4,456,800
- 2026–27 tax
- $86,114
- Market value (city estimate)
- $9,904,000
- Taxable value
- $692,292
- Assessed land
- $515,250
- Assessed improvements
- $3,941,550
Tax breaks
- 421-a exemption, through Jun 30, 2054, about $398,645 a year below the full tax.
Zoning
R7D (part of the lot is R6B): floor area ratio 4.71 built, above the 4.66 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jan 2, 2019: $1,500,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Affordable Housing Lottery Launches for 1068 Fulton Street in Bed-Stuy, Brooklyn, New York YIMBY, Aug 15, 2021.