# 2715 Fulton Street, Brooklyn

Apartment building · 60 units · built 2022 · Block 3662, Lot 48.

On Umarelli: https://umarelli.org/nyc/3036620048/2715-fulton-street

More construction in Cypress Hills: https://umarelli.org/nyc/brooklyn/cypress-hills.md

## Building permits

- New Building — Large Residential, filed Dec 22, 2021, estimated cost $1.0M, 60 units, 8 stories, described as “Proposed 8 story mixed use building. Total of 60 residential units.”
- Alteration, filed Apr 12, 2024, estimated cost $21K, described as “Interior renovation for tennat space fit out for a new bakery store. No change to exisint use, occumancy, and means of egress.”
- Alteration, filed Oct 19, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 19, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 19, 2022, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 12, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed May 12, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”

## Property taxes

- Assessment: $5,116,500
- 2026–27 tax: $19,150
- Market value (city estimate): $11,370,000
- Taxable value: $153,954
- Assessed land: $151,200
- Assessed improvements: $4,965,300

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $617,291 a year below the full tax.

## Zoning

C4-4L: floor area ratio 5.61 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 30, 2022: $4,005,218, sold with other lots
- Oct 12, 2021: $390,000

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

- East New York Neighborhood Plan (City Planning P2015K0246): Completed, decided Apr 25, 2016. Neighborhood rezoning of 191 blocks in East New York, Brooklyn to facilitate mixed-use development including affordable housing along key corridors, and protect the existing character of residential side streets in Brooklyn Community…

## In the news

[Permits Filed for 2715 Fulton Street in East New York, Brooklyn](https://newyorkyimby.com/2023/08/permits-filed-for-2715-fulton-street-in-east-new-york-brooklyn.html), New York YIMBY, Aug 1, 2023.

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