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Brooklyn / 11239

1062 ELTON STREET

Recorded on the Digital Tax Map as ELTON SITE A-1 CONDOMINIUM.

Boro3
Block4447
Lot7501
BBL3044477501
Class RM
Residential units
136
Units in total
137
Storeys
8
Year built
2016
Last alteration on file
2014
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

PERMITTED, NOT BUILTLOT 46,993 SQ FT8
Drawn from PLUTO: 8 storeys, 166,388 sq ft of building on 46,993 sq ft of lot, an average floor plate covering 44% of it. The dashed outline is the difference between the floor area ratio already built (3.54) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
46,993 sq ft
Building area
166,388 sq ft
Residential area
145,971 sq ft
Commercial area
20,417 sq ft
Office area
-
Retail area
20,417 sq ft
Buildings on the lot
1
Built floor area ratio
3.54
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$994,500
Assessed total value
$11,570,850
Exempt value
$9,555,225
Assessed per residential unit
$85,080

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
-
ZIP code
11239
Community district
Brooklyn 5
Council district
42
Coordinates
40.657058, -73.875095

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 ZIP 11239

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
180 BETHEL LOOPD32,92619703-
1540 VAN SICLEN AVENUED32,22919752-
1325 PENNSYLVANIA AVENUED32,22219722-
1260 CROTON LOOPD31,16819723-
1155 PENNSYLVANIA AVENUED31,09219713-
6 VITAL AVENUERM45120220-
ERSKINE STREETD642520250-
894 FOUNTAIN AVENUERM42220180-
911 ERSKINE STREETRM26720170-
FOUNTAIN AVENUED320920250-
10 SCHROEDER'S WALKRM20020181-
890 ERSKINE STD618420240-

Every building on file in ZIP 11239