# 781 Fountain Avenue, Brooklyn

Apartment building · 7 units · built 2021 · Block 4565, Lot 74.

On Umarelli: https://umarelli.org/nyc/3045650074/781-fountain-avenue

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

## Building permits

- Alteration, filed Mar 9, 2021, estimated cost $1K, described as “Temporary construction fence installation”

## Property taxes

- Assessment: $570,150
- 2026–27 tax: $1,011
- Market value (city estimate): $1,267,000
- Taxable value: $8,126
- Assessed land: $117,000
- Assessed improvements: $453,150

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $69,910 a year below the full tax.

## Zoning

R4: floor area ratio 1.23 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 5, 2021: $325,000

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

## Board and land use applications

- C-O-P/22 PARCELS (City Planning P1999K0015): Completed, decided May 28, 2001. UNRESTRICTED DISPOSITION OF 23 VACANT CITY-OWNED PROPERTIES

## In the news

[Permits Filed for 781 Fountain Avenue in East New York, Brooklyn](https://newyorkyimby.com/2020/08/permits-filed-for-781-fountain-avenue-in-east-new-york-brooklyn.html), New York YIMBY, Aug 6, 2020.

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