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Brooklyn / Bushwick (East) / 11221

1040 BUSHWICK AVENUE

Boro3
Block3330
Lot25
BBL3033300025
Class C1
Residential units
63
Units in total
63
Storeys
5
Year built
1924
Last alteration on file
1987
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 15,000 SQ FT5
Drawn from PLUTO: 5 storeys, 56,250 sq ft of building on 15,000 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,000 sq ft
Building area
56,250 sq ft
Residential area
56,250 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.75
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$675,000
Assessed total value
$1,548,900
Exempt value
$0
Assessed per residential unit
$24,586

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
Bushwick (East)
ZIP code
11221
Community district
Brooklyn 4
Council district
37
Coordinates
40.690772, -73.92117
05

Other buildings in Bushwick (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
340 EVERGREEN AVENUED116820190-
8 PALMETTO STREETRM11520200-
87 PALMETTO STREETD111519800-
871 BUSHWICK AVENUERI11019540-
1325 BROADWAYD710720230-
43 GOODWIN PLACED110019911-
297 WILSON AVENUED19619960-
1103 GATES AVENUEC18319281-
1255 GATES AVENUED18320080-
269 CENTRAL AVENUEC17219820-
335 IRVING AVENUERR7019630-
93 LINDEN STREETD16820191-

Every building on file in Bushwick (East)