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Brooklyn / South Williamsburg / 11249

111 CLYMER STREET

Boro3
Block2166
Lot1
BBL3021660001
Class D6
Residential units
534
Units in total
536
Storeys
25
Year built
1974
Last alteration on file
-
Recorded transfers
1 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
21 Dec 2011$26,706,304-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 220,071 SQ FT25
Drawn from PLUTO: 25 storeys, 559,464 sq ft of building on 220,071 sq ft of lot, an average floor plate covering 10% of it. PLUTO records 7 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.54) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
220,071 sq ft
Building area
559,464 sq ft
Residential area
505,610 sq ft
Commercial area
53,854 sq ft
Office area
14,304 sq ft
Retail area
16,600 sq ft
Buildings on the lot
7
Built floor area ratio
2.54
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$1,980,450
Assessed total value
$31,710,600
Exempt value
$31,710,600
Assessed per residential unit
$59,383

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
South Williamsburg
ZIP code
11249
Community district
Brooklyn 1
Council district
34
Coordinates
40.706249, -73.966222
05

Other buildings in South Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
555 WYTHE AVENUED764719750-
88 THROOP AVENUERM14020220-
626 WYTHE AVENUED113819740-
UNION AVENUED712020220-
157 WALLABOUT STREETD111520020-
2 LEE AVENUERM112199839$800k
55 ROSS STREETD110819740-
70 CLYMER STREETD110319740-
755 KENT AVENUERM99201448$1000k
120 UNION AVENUED69620151-
30 TAYLOR STREETD18819740-
611 WYTHE AVENUED18819740-

Every building on file in South Williamsburg