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Brooklyn / Bedford-Stuyvesant (West) / 11238

1071 FULTON STREET

Boro3
Block1993
Lot3
BBL3019930003
Class D1
Residential units
30
Units in total
30
Storeys
7
Year built
2005
Last alteration on file
-
Recorded transfers
2 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
14 Oct 2021$10,250,000-APARTMENT BUILDINGDEED
1 Jul 2010$1,175,000-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.

By year

YearTransfersMedian recordedLowestHighest
20211$10,250,000--
20101$1,175,000--
02

The building on the lot

Section through the lot

LOT 7,515 SQ FT7
Drawn from PLUTO: 7 storeys, 21,632 sq ft of building on 7,515 sq ft of lot, an average floor plate covering 41% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,515 sq ft
Building area
21,632 sq ft
Residential area
21,632 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.88
Residential FAR permitted
0
Zoning district
-
03

Assessment

Assessed land value
$118,350
Assessed total value
$2,224,800
Exempt value
$0
Assessed per residential unit
$74,160

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.682014, -73.958934
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)