Residential units
23
Units in total
23
Storeys
4
Year built
1928
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 12 Jun 2023 | $3,250,000 | - | APARTMENT BUILDING | DEED |
- 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
Lot area
5,500 sq ft
Building area
18,224 sq ft
Residential area
18,224 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.31
Residential FAR permitted
1.5
Zoning district
R5B
03
Assessment
Assessed land value
$123,750
Assessed total value
$406,800
Exempt value
$0
Assessed per residential unit
$17,687
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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Midwood
ZIP code
11230
Community district
Brooklyn 14
Council district
48
Coordinates
40.612802, -73.962171
05
Other buildings in Midwood
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1263 EAST 14 STREET | D6 | 302 | 2017 | 1 | - |
| 1401 OCEAN AVENUE | D4 | 184 | 1963 | 110 | $750k |
| 1255 EAST 19 STREET | D3 | 144 | 1959 | 0 | - |
| 2400 NOSTRAND AVENUE | D1 | 133 | 1955 | 3 | - |
| 1615 AVENUE I | D4 | 132 | 1941 | 134 | $440k |
| 920 EAST 17 STREET | D4 | 132 | 1948 | 111 | $425k |
| 1602 AVENUE I | D4 | 129 | 1941 | 56 | $377k |
| 1219 AVENUE O | D1 | 120 | 1985 | 2 | - |
| 1818 OCEAN AVENUE | D1 | 120 | 1949 | 0 | - |
| 2525 NOSTRAND AVENUE | D4 | 114 | 1953 | 68 | $309k |
| 1641 OCEAN AVENUE | D1 | 113 | 1926 | 0 | - |
| 2501 NOSTRAND AVENUE | D7 | 112 | 1953 | 2 | - |