apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Brooklyn / Bedford-Stuyvesant (West) / 11238

1007 ATLANTIC AVENUE

Recorded on the Digital Tax Map as THE 1007 ATLANTIC AVNUE CONDOMINIUM.

Boro3
Block2019
Lot7505
BBL3020197505
Class RM
Residential units
50
Units in total
51
Storeys
8
Year built
2015
Last alteration on file
2015
Recorded transfers
1 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
29 May 2019$26,000,000COMMBULK SALE OF CONDOMINIUMS2 lotsDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 10,000 SQ FT8
Drawn from PLUTO: 8 storeys, 50,657 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 63% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
50,657 sq ft
Residential area
43,012 sq ft
Commercial area
7,645 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.07
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$585,000
Assessed total value
$5,947,650
Exempt value
$4,940,066
Assessed per residential unit
$118,953

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
Bedford-Stuyvesant (West)
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.680254, -73.958859

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 Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)