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Brooklyn / Williamsburg / 11249

103 SOUTH 3 STREET

Boro3
Block2417
Lot39
BBL3024170039
Class C1
Residential units
35
Units in total
35
Storeys
6
Year built
1915
Last alteration on file
1990
Recorded transfers
5 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 Jun 2009$22236APARTMENT BUILDINGRPTT&RET
16 Jun 2009$724,759-APARTMENT BUILDINGRPTT&RET
16 Jun 2009$362,270-APARTMENT BUILDINGRPTT&RET
16 Jun 2009$362,270-APARTMENT BUILDINGRPTT&RET
15 Jun 2009$724,759-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 6,000 SQ FT6
Drawn from PLUTO: 6 storeys, 31,200 sq ft of building on 6,000 sq ft of lot, an average floor plate covering 87% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,000 sq ft
Building area
31,200 sq ft
Residential area
31,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.2
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$162,000
Assessed total value
$1,314,450
Exempt value
$1,314,450
Assessed per residential unit
$37,556

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
Williamsburg
ZIP code
11249
Community district
Brooklyn 1
Council district
34
Coordinates
40.713111, -73.963423
05

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Every building on file in Williamsburg