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Brooklyn / Crown Heights (North) / 11238

1040 DEAN STREET

Recorded on the Digital Tax Map as 1040 DEAN STREET CONDOMINIUM.

Boro3
Block1142
Lot7501
BBL3011427501
Class RM
Residential units
121
Units in total
122
Storeys
8
Year built
2015
Last alteration on file
-
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 21,877 SQ FT8
Drawn from PLUTO: 8 storeys, 133,586 sq ft of building on 21,877 sq ft of lot, an average floor plate covering 76% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
21,877 sq ft
Building area
133,586 sq ft
Residential area
125,149 sq ft
Commercial area
8,437 sq ft
Office area
-
Retail area
8,437 sq ft
Buildings on the lot
1
Built floor area ratio
6.11
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$590,851
Assessed total value
$15,247,140
Exempt value
$13,512,815
Assessed per residential unit
$126,009

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
RM
Neighbourhood
Crown Heights (North)
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.677374, -73.955958

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Crown Heights (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1880 PACIFIC STREETD11,16819500-
953 DEAN STREETD724020230-
1034 ATLANTIC AVENUED723720240-
805 ST MARKS AVENUED120019243-
564 ST JOHNS PLACED119320152-
409 EASTERN PARKWAYRM18620160-
1733 BERGEN STREETD118419500-
769 ST MARKS AVENUED118019242-
998-1010 PACIFIC STREETD317520220-
545 PROSPECT PLACED515919300-
230 KINGSTON AVENUED915219820-
497 ST MARKS AVENUED114720140-

Every building on file in Crown Heights (North)