# 494 Fountain Avenue, Brooklyn

Vacant land · Block 4481, Lot 12.

On Umarelli: https://umarelli.org/nyc/3044810012/494-fountain-avenue

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

## Building permits

- New Building — Multi-Family, filed Jul 23, 2025, 23 units, 4 stories, described as “Proposing a new building,4 story & penthouse,to a total of twenty three (23) class a dwelling units.”

## Property taxes

- Assessment: $15,780
- 2026–27 tax: $3,131
- Market value (city estimate): $263,000
- Taxable value: $15,780
- Assessed land: $15,780

## Zoning

R5: floor area ratio 0.00 built, 1.50 allowed by base zoning.

## Recent sales

- Dec 13, 2019: $700,000, sold with other lots

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

- Brooklyn CD 5 Walk to Park Site Selection/Acq. (City Planning 2025K0315): Completed, filed May 7, 2025, decided Dec 4, 2025. The Department of Parks and Recreation (DPR), along with co-applicant the Department of Citywide Administrative Services (DCAS), seeks approval for the acquisition and site selection (PC) of privately-owned properties for future park…

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