# 882 Fountain Avenue, Brooklyn

Apartment building · 209 units · built 2025 · Block 4586, Lot 299.

On Umarelli: https://umarelli.org/nyc/3045860299/882-fountain-avenue

More construction in Spring Creek: https://umarelli.org/nyc/brooklyn/spring-creek.md

## 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.

## 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.

## Flood zone

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

## In the news

[Housing Lottery Launches For Alafia Brooklyn Building B1 At 882 Fountain Avenue In East New York, Brooklyn](https://newyorkyimby.com/2026/08/housing-lottery-launches-for-alafia-brooklyn-building-b1-at-882-fountain-avenue-in-east-new-york-brooklyn.html), New York YIMBY, Aug 6, 2026.

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