8 Fountain Avenue
Brooklyn · Parcel 3041547501
331,041 sq ft
Building area
$33,922,800
Assessed value
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 8.49, against a residential limit of 6.02 — it is over that limit by 2.47. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.
A material outstanding penalty balance
5 open violations carry an outstanding balance of $13,750.00. A balance at this level belongs in the price of any decision about this building. Note that this figure covers enforcement penalties only — it does not include unpaid property tax or water and sewer arrears, which are not shown anywhere on this page and are frequently the larger number.
Development & zoning
Floor-area ratio
| Built | 8.49 |
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| Residential limit | 6.02 |
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| Commercial limit | 3.40 |
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| Community-facility limit | 6.50 |
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Development headroom (calculated) calculated
| Highest permitted ratio | 6.50 |
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| Unused ratio | -1.99 |
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| Unused buildable area | — |
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| Lot area | 38,992 sq ft |
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Value & taxes
Assessment
| Assessed total | $33,922,800 |
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| Assessed land | $1,403,550 |
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| Assessed building | $32,519,250 |
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| Market value on record | $0 |
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| Assessed as % of market | — |
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Tax
| Tax class | 2 |
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| Taxable assessed | $0 |
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| Tax rate | 12.502% |
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| Estimated annual levy | — |
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The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|
| 2027 | $0 | — |
| 2026 | $0 | — |
| 2025 | $0 | — |
Building & occupancy
Structure
| Year built | 2023 |
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| Floors | 13 |
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| Building area | 331,041 sq ft |
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| Residential area | 177,416 sq ft |
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| Commercial area | 153,625 sq ft |
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Occupancy
| Ownership | Condominium |
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| Total units | 343 |
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| Residential units | 173 |
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| Residential Avg unit size | 1,026 sq ft (calculated) |
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| Commercial Avg unit size | 904 sq ft (calculated) |
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| Building class | RM |
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Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Norwood Av (J, Z) — 0.2 mi |
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| School district | 19 |
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| Police precinct | 75 |
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| Nearest firehouse | Engine 236 — 998 Liberty Ave. |
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Location risk
| Flood zone | Minimal hazard (Zone X) |
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| Hurricane evacuation zone | Zone 5 |
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| Environmental restriction | Hazardous materials, air quality, noise |
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Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|
| 74 Fountain Avenue | 2025-10-17 | $910,000 | 1,728 | $527 |
| 8 Fountain Avenue, 3 | 2025-10-09 | $97,741,183 | — | — |
| 92 Fountain Ave | 2025-07-24 | $960,000 | 2,835 | $339 |
| 349 Logan Street | 2025-07-22 | $1,078,000 | 1,640 | $657 |
| 32 Fountain Avenue | 2025-04-09 | $1,850,000 | 6,713 | $276 |
| 3200 Atlantic Avenue | 2022-06-16 | $9,280,000 | — | — |
| 303 Logan Street | 2022-05-12 | $755,000 | 1,900 | $397 |
| 54 Fountain Ave | 2021-11-17 | $750,000 | 1,536 | $488 |
Record activity
Compliance calculated
| Open violations | 5 |
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| Open per residential unit | 0.0 (calculated) |
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| Enforcement penalties | $13,750.00 |
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| Safety-violation penalties | Not available |
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| Total penalties owed | $78,250.00 (calculated) |
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| On tax-lien sale list | No |
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Activity
| Complaints recorded | 144 |
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| Permits / alterations | 14 |
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| Recorded documents | 0 |
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| Legal proceedings | 0 |
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Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | Jericho 265 Logan Street Housing Dev Fun D Corp.. |
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| Parcel | 3041547501 |
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| Block | 4154 |
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| Lot | 7501 |
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Last recorded transfer
| Date | — |
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| Recorded price | — |
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| Price per unit | Not meaningful |
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| Price vs assessed | Not meaningful |
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Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
Showing the 50 most recent of 144. The full set is available in the interactive report.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
About this page
Compiled from New York City public records — data retrieved 5 days ago. Coverage on this parcel: 14 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.