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Brooklyn / Spring Creek-Starrett City / 11239

894 FOUNTAIN AVENUE

Recorded on the Digital Tax Map as 894 FOUNTAIN AVENUE CONDOMINIUM.

Boro3
Block4586
Lot7504
BBL3045867504
Class RM
Residential units
422
Units in total
423
Storeys
9
Year built
2018
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 78,800 SQ FT9
Drawn from PLUTO: 9 storeys, 396,519 sq ft of building on 78,800 sq ft of lot, an average floor plate covering 56% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
78,800 sq ft
Building area
396,519 sq ft
Residential area
295,208 sq ft
Commercial area
101,311 sq ft
Office area
-
Retail area
101,311 sq ft
Buildings on the lot
1
Built floor area ratio
5.03
Residential FAR permitted
0.75
Zoning district
R3-2
03

Assessment

Assessed land value
$2,282,400
Assessed total value
$41,627,700
Exempt value
$31,128,648
Assessed per residential unit
$98,644

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Spring Creek-Starrett City
ZIP code
11239
Community district
Brooklyn 5
Council district
42
Coordinates
40.658185, -73.866443

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Spring Creek-Starrett City

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
180 BETHEL LOOPD32,92619703-
1540 VAN SICLEN AVENUED32,22919752-
1325 PENNSYLVANIA AVENUED32,22219722-
1260 CROTON LOOPD31,16819723-
1155 PENNSYLVANIA AVENUED31,09219713-
35 INSPIRATION LANED646020250-
6 VITAL AVENUERM45120220-
ERSKINE STREETD642520250-
911 ERSKINE STREETRM26720170-
FOUNTAIN AVENUED320920250-
10 SCHROEDER'S WALKRM20020181-
890 ERSKINE STD618420240-

Every building on file in Spring Creek-Starrett City