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Brooklyn / East New York-City Line / 11208

1024 GLENMORE AVENUE

Boro3
Block4213
Lot16
BBL3042130016
Class C1
Residential units
24
Units in total
24
Storeys
3
Year built
1993
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
19 Nov 2012$6,702,201-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 14,400 SQ FT3
Drawn from PLUTO: 3 storeys, 21,666 sq ft of building on 14,400 sq ft of lot, an average floor plate covering 50% of it. PLUTO records 7 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
14,400 sq ft
Building area
21,666 sq ft
Residential area
21,666 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
7
Built floor area ratio
1.5
Residential FAR permitted
1.5
Zoning district
R5B
03

Assessment

Assessed land value
$194,400
Assessed total value
$634,050
Exempt value
$634,050
Assessed per residential unit
$26,419

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
East New York-City Line
ZIP code
11208
Community district
Brooklyn 5
Council district
42
Coordinates
40.676312, -73.872391
05

Other buildings in East New York-City Line

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
901 DREW STREETRM322-0-
671 LINCOLN AVENUED731919712-
902 DREW STREETRM26019880-
2858 LINDEN BLVDRM23420180-
783 ELDERT LANED118020090-
573 EMERALD STREETRR16020210-
583 EMERALD STREETD115620230-
437 EUCLID AVENUERM13520230-
1451 SUTTER AVENUED68520250-
628 ELDERT LANED36420150-
642 ELDERT LANED36420150-
2791 LINDEN BOULEVARDC14819642-

Every building on file in East New York-City Line