# 2 Fountain Avenue, Brooklyn

Condominium · 173 units · built 2023 · Block 4154, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3041547501/2-fountain-avenue

More construction in East New York: https://umarelli.org/nyc/brooklyn/east-new-york.md

## Building permits

- Alteration, filed Jul 22, 2026, estimated cost $525, described as “Install exterior non-illuminated wall sign (brooklyn bites deli & grill)”
- Alteration, filed Mar 17, 2026, estimated cost $320K, described as “Minor interior renovation to the first floor commercial space. Install new counters & walk in cooler. Install new mechanical hood & exhaust fan. Fire suppression system to be filed with FDNY separately.”
- Alteration, filed Dec 5, 2025, estimated cost $20K, described as “Filing for mechanical work at the corner store (3216 atlantic avenue) commecial hood installation with related make up ducts and vents fans. No change in use egress or occupancy”
- Alteration, filed Sep 4, 2025, estimated cost $71K, described as “Filing for interior build-out for the corner retail store, carpentry work, mill work and finishes. No change in use, egress or occupancy”
- Alteration, filed Sep 30, 2024, estimated cost $1K, described as “This application is filed for a temporary use permit for a sales office in pursuant 28-111 and building bulletin 2010-002 filed in conjunction with new building application 321384337”
- Alteration, filed Apr 14, 2024, estimated cost $861K, described as “Installation of solar panels on existing roof structure. No change in egress,use, or occupancy.”
- Alteration, filed Apr 11, 2024, described as “Installation of suspended scaffold from c-hooks as per plan and in accordance with Chapter 33 of NYC Building Code. In conjunction with new building permit 321384337. No change in use, egress, or occupancy.”
- Alteration, filed Oct 30, 2023, estimated cost $10K, described as “Installation of pipe scaffolding as per plan and in accordance with chapter 33 of NYC building code. No change in use, egress, or occupancy.”
- Alteration, filed Jul 27, 2023, estimated cost $80K, described as “Installation of multi-point scaffolding to comply with chapter 33 of NYC building code”
- Alteration, filed Jun 6, 2023, estimated cost $1K, described as “Installation and use of temporary material platforms as per plans filed herein. No change in egress, use or occupancy.”
- Alteration, filed Jun 6, 2023, estimated cost $1K, described as “Installation and use of temporary material platforms as per plans filed herein. No change in egress, use or occupancy.”
- Alteration, filed Apr 24, 2023, estimated cost $5K, described as “Use of placing boom during new building construction, filed separately under 321384337.”
- Alteration, filed Nov 4, 2022, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 10, 2022, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 10, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 23, 2022, described as “Installation of temporary plywood fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 30, 2022, estimated cost $9K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed May 25, 2022, estimated cost $6K, described as “Install construction fence in-conjunction with demolition job # 321957682, 321957655 & 321957646. 2 Fountain, 3200 Atlantic Ave & 281 Logan”

## Property taxes

- Assessment: $33,922,800
- 2026–27 tax: $126,303
- Market value (city estimate): $75,384,000
- Taxable value: $14,110,899
- Assessed land: $1,403,550
- Assessed improvements: $32,519,250
- Condo units with their own tax lots: 4

## Tax breaks

- 420-c exemption, through Jun 30, 2062, about $2,440,502 a year below the full tax.

## Zoning

C4-4D: floor area ratio 8.49 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 9, 2025: $97,741,183, Apt 3

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

## Flood zone

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

## In the news

[Logan Fountain Affordable Development Finishes Construction at 265 Logan Street In Cypress Hills, Brooklyn](https://newyorkyimby.com/2025/05/logan-fountain-affordable-development-finishes-construction-at-265-logan-street-in-cypress-hills-brooklyn.html), New York YIMBY, May 15, 2025.

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