882 Fountain Avenue, Brooklyn
Apartment building · 209 units · built 2025 · Block 4586, Lot 299.
Building permits
- New Building — Mid-Rise, filed Oct 18, 2023, 209 units, 14 stories, described as “New 14-Story Residential Building”
- Alteration, filed Nov 3, 2025, estimated cost $470K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Alteration, filed May 27, 2025, estimated cost $10K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed May 8, 2025, estimated cost $8K, described as “Temporary overhead protection during NB const, filed sep. Overheadprotection shall comply with ch #33 of the NYC bc. No change in use, occupancyor egress under this application.”
- Alteration, filed Oct 11, 2024, estimated cost $1K, described as “Application filed for test piles per plans filed herewith.”
- Alteration, filed Sep 17, 2024, estimated cost $1K, described as “Installation of new water main on future mapped street.”
- Alteration, filed Sep 17, 2024, estimated cost $1K, described as “Roadway paving, site work, and landscaping as shown on plans filed herewith.”
Property taxes
- Assessment
- $233,810
- 2026–27 tax
- $29,083
- Market value (city estimate)
- $519,578
- Taxable value
- $233,807
- Assessed land
- $233,810
Zoning
R3-2: floor area ratio 3.05 built, above the 0.75 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 20, 2024: $17,785,885, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches For Alafia Brooklyn Building B1 At 882 Fountain Avenue In East New York, Brooklyn, New York YIMBY, Aug 6, 2026.