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Brooklyn / Bedford-Stuyvesant (West) / 11238

1037 FULTON STREET

Boro3
Block1992
Lot12
BBL3019920012
Class D7
Residential units
35
Units in total
36
Storeys
7
Year built
2014
Last alteration on file
2014
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
28 Feb 2017$22,000,000-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 6,247 SQ FT7
Drawn from PLUTO: 7 storeys, 29,249 sq ft of building on 6,247 sq ft of lot, an average floor plate covering 67% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,247 sq ft
Building area
29,249 sq ft
Residential area
26,078 sq ft
Commercial area
3,171 sq ft
Office area
-
Retail area
3,171 sq ft
Buildings on the lot
1
Built floor area ratio
4.68
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$294,750
Assessed total value
$4,384,800
Exempt value
$3,983,688
Assessed per residential unit
$125,280

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.682396, -73.960415
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)