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Brooklyn / Bushwick (West) / 11221

1023 BROADWAY

Boro3
Block3204
Lot4
BBL3032040004
Class D1
Residential units
59
Units in total
59
Storeys
5
Year built
2005
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
20 Sep 2019$4,897,951-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 8,300 SQ FT5
Drawn from PLUTO: 5 storeys, 25,200 sq ft of building on 8,300 sq ft of lot, an average floor plate covering 61% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,300 sq ft
Building area
25,200 sq ft
Residential area
25,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.04
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$149,400
Assessed total value
$1,362,150
Exempt value
$1,362,150
Assessed per residential unit
$23,087

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Bushwick (West)
ZIP code
11221
Community district
Brooklyn 4
Council district
34
Coordinates
40.695744, -73.93252
05

Other buildings in Bushwick (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 MONTIETH STREETD750020170-
123 MELROSE STREETD646820190-
54 NOLL STREETD644320180-
87 GEORGE STREETRM32420220-
415 BLEECKER STREETD915019862-
114 TROUTMAN STREETD214420060-
CEDAR STREETD313920230-
908 FLUSHING AVENUED713620190-
1601 DEKALB AVENUED112820240-
1209 DEKALB AVENUED112720122-
626 BUSHWICK AVENUED19918691-
21 MONTIETH STREETD39420220-

Every building on file in Bushwick (West)