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Brooklyn / Marine Park-Mill Basin-Bergen Beach / 11234

1 COVE LANE

Boro3
Block8374
Lot7502
BBL3083747502
Class R3
Residential units
24
Units in total
40
Storeys
3.5
Year built
1993
Last alteration on file
-
Recorded transfers
34 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
11 Sep 2024$410,0002-1SINGLE RESIDENTIAL CONDO UNITDEED
23 Jun 2023$660,0003-1SINGLE RESIDENTIAL CONDO UNITDEED
18 Jan 2023$520,0001-2SINGLE RESIDENTIAL CONDO UNITDEED
5 May 2022$685,0006-3SINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2021$630,0008-3SINGLE RESIDENTIAL CONDO UNITDEED
18 Dec 2019$555,0006-3SINGLE RESIDENTIAL CONDO UNITDEED
11 Oct 2019$600,0003-1SINGLE RESIDENTIAL CONDO UNITDEED
27 Sep 2019$549,0004-1SINGLE RESIDENTIAL CONDO UNITDEED
18 Sep 2019$550,0008-3SINGLE RESIDENTIAL CONDO UNITDEED
17 Sep 2019$550,0005-3SINGLE RESIDENTIAL CONDO UNITDEED
16 Aug 2019$539,0003-2SINGLE RESIDENTIAL CONDO UNITDEED
22 Jul 2019$555,0008-1SINGLE RESIDENTIAL CONDO UNITDEED
7 Feb 2019$370,0003-1SINGLE RESIDENTIAL CONDO UNITDEED
3 Aug 2018$495,0004-1SINGLE RESIDENTIAL CONDO UNITDEED
19 Jun 2018$490,0006-2SINGLE RESIDENTIAL CONDO UNITDEED
7 Mar 2016$445,0002-3SINGLE RESIDENTIAL CONDO UNITDEED
13 Mar 2015$445,0001-3SINGLE RESIDENTIAL CONDO UNITDEED
12 May 2014$362,0003-2SINGLE RESIDENTIAL CONDO UNITDEED
9 Apr 2014$425,0006-3SINGLE RESIDENTIAL CONDO UNITDEED
16 Nov 2012$435,0007-3SINGLE RESIDENTIAL CONDO UNITDEED
21 Sep 2011$458,0004-3SINGLE RESIDENTIAL CONDO UNITDEED
1 Sep 2011$342,0008-2SINGLE RESIDENTIAL CONDO UNITDEED
17 Jul 2009$420,0006-1SINGLE RESIDENTIAL CONDO UNITDEED
5 Mar 2008$437,0007-3SINGLE RESIDENTIAL CONDO UNITDEED
11 Sep 2007$458,0005-3SINGLE RESIDENTIAL CONDO UNITDEED
22 May 2006$451,0007-3SINGLE RESIDENTIAL CONDO UNITDEED
29 Dec 2005$450,0003-3SINGLE RESIDENTIAL CONDO UNITDEED
29 Sep 2005$455,0008-3SINGLE RESIDENTIAL CONDO UNITDEED
26 Apr 2005$438,0001-3SINGLE RESIDENTIAL CONDO UNITDEED
12 Apr 2005$375,0008-2SINGLE RESIDENTIAL CONDO UNITRPTT&RET
28 Oct 2004$350,0003-2SINGLE RESIDENTIAL CONDO UNITDEED
21 Oct 2004$365,0002-2SINGLE RESIDENTIAL CONDO UNITDEED
24 Feb 2004$12-1SINGLE RESIDENTIAL CONDO UNITDEED
5 Aug 2003$307,0005-1SINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20241$410,000--
20232$590,000$520,000$660,000
20221$685,000--
20211$630,000--
20198$550,000$370,000$600,000
20182$492,500$490,000$495,000
20161$445,000--
20151$445,000--
20142$393,500$362,000$425,000
20121$435,000--
20112$400,000$342,000$458,000
20091$420,000--
20081$437,000--
20071$458,000--
20061$451,000--
20054$444,000$375,000$455,000
20043$350,000$1$365,000
20031$307,000--
02

The building on the lot

Section through the lot

LOT 24,593 SQ FT4
Drawn from PLUTO: 4 storeys, 35,488 sq ft of building on 24,593 sq ft of lot, an average floor plate covering 36% of it. PLUTO records 8 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
24,593 sq ft
Building area
35,488 sq ft
Residential area
32,568 sq ft
Commercial area
2,920 sq ft
Office area
-
Retail area
-
Buildings on the lot
8
Built floor area ratio
1.44
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$118,077
Assessed total value
$1,140,501
Exempt value
$8,400
Assessed per residential unit
$47,521

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
R3CONDO; RESIDENTIAL UNIT IN 1-3 STORY BLDG.
Neighbourhood
Marine Park-Mill Basin-Bergen Beach
ZIP code
11234
Community district
Brooklyn 18
Council district
46
Coordinates
40.624531, -73.908972
05

Other buildings in Marine Park-Mill Basin-Bergen Beach

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1561 ROYCE STREETR42082005362$592k
6910 AVENUE UD412819633$252k
1099 AVENUE KR31041989117$395k
5710 AVENUE TC672195576$250k
5810 AVENUE TC668195575$250k
5405 AVENUE SC658195565$232k
2001 PEARSON STREETC656195569$269k
1107 EAST 73 STREETR3541986104$413k
1403 ROYCE STREETR352198971$425k
1103 EAST 72 STREETR349-0-
10 COVE LANER339199727$565k
4117 AVENUE VRM38-35$528k

Every building on file in Marine Park-Mill Basin-Bergen Beach