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Brooklyn / East Williamsburg / 11206

108 SEIGEL STREET

Boro3
Block3097
Lot11
BBL3030970011
Class C6
Residential units
20
Units in total
22
Storeys
5
Year built
1958
Last alteration on file
-
Recorded transfers
9 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
3 Jul 2021$355,00015SINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Apr 2020$300,00017SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Oct 2019$271,000-APARTMENT BUILDINGRPTT&RET
2 Oct 2018$329,00018SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2016$340,00014APARTMENT BUILDINGRPTT&RET
25 Sep 2012$4,5001SINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Dec 2007$250,00014SINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Sep 2006$65,000RESSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Aug 2006$60,0005SINGLE RESIDENTIAL COOP UNITRPTT&RET
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$355,000--
20201$300,000--
20191$271,000--
20181$329,000--
20161$340,000--
20121$4,500--
20071$250,000--
20062$62,500$60,000$65,000
02

The building on the lot

Section through the lot

LOT 3,700 SQ FT5
Drawn from PLUTO: 5 storeys, 13,000 sq ft of building on 3,700 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,700 sq ft
Building area
13,000 sq ft
Residential area
10,400 sq ft
Commercial area
2,600 sq ft
Office area
-
Retail area
2,600 sq ft
Buildings on the lot
1
Built floor area ratio
3.51
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$21,600
Assessed total value
$481,500
Exempt value
$199,640
Assessed per residential unit
$24,075

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
C6WALK-UP COOPERATIVE
Neighbourhood
East Williamsburg
ZIP code
11206
Community district
Brooklyn 1
Council district
34
Coordinates
40.704316, -73.942084
05

Other buildings in East Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
60 KINGSLAND AVENUED370019500-
125 MASPETH AVENUED631120250-
275 LORIMER STREETD627020230-
160 BOERUM STREETD324819720-
597 GRAND STREETRM18520230-
JOHNSON AVENUED316220230-
9 COOK STREETD115320092-
828 METROPOLITAN AVENUED613620240-
75 BUSHWICK AVENUED99619302-
21 COOK STREETRM8920100-
94 MASPETH AVENUERM872007200$750k
248 MC KIBBIN STREETC78219420-

Every building on file in East Williamsburg