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Brooklyn / Borough Park / 11219

1014 55 STREET

Boro3
Block5681
Lot8
BBL3056810008
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1921
Last alteration on file
-
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
5 Apr 2016$1,500,000-APARTMENT BUILDINGDEED
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 5,426 SQ FT4
Drawn from PLUTO: 4 storeys, 18,768 sq ft of building on 5,426 sq ft of lot, an average floor plate covering 86% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,426 sq ft
Building area
18,768 sq ft
Residential area
18,768 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.46
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$97,650
Assessed total value
$914,850
Exempt value
$0
Assessed per residential unit
$45,743

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Borough Park
ZIP code
11219
Community district
Brooklyn 12
Council district
44
Coordinates
40.635225, -74.001827
05

Other buildings in Borough Park

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
5100 15 AVENUED4100193114$580k
5000 15 AVENUED18719280-
4515 12 AVENUED18019250-
4515 NEW UTRECHT AVENUERM8019100-
4812 14 AVENUED77819270-
4910 15 AVENUED77519350-
5619 15 AVENUED17219310-
1364 51 STREETD77019600-
1320 51 STREETD16519350-
1451 52 STREETD16519310-
4701 15 AVENUED16519271-
5501 15 AVENUED16519280-

Every building on file in Borough Park