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Brooklyn / Sheepshead Bay-Manhattan Beach-Gerritsen Beach / 11235

1115 BANNER AVENUE

Boro3
Block8763
Lot7
BBL3087630007
Class D1
Residential units
45
Units in total
45
Storeys
12
Year built
2007
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
16 Mar 2017$46,900,000-APARTMENT BUILDINGDEED
27 Mar 2014$39,485,750-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20171$46,900,000--
20141$39,485,750--
02

The building on the lot

Section through the lot

LOT 22,400 SQ FT12
Drawn from PLUTO: 12 storeys, 56,652 sq ft of building on 22,400 sq ft of lot, an average floor plate covering 21% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,400 sq ft
Building area
56,652 sq ft
Residential area
56,652 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.53
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$512,550
Assessed total value
$3,969,000
Exempt value
$0
Assessed per residential unit
$88,200

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
Sheepshead Bay-Manhattan Beach-Gerritsen Beach
ZIP code
11235
Community district
Brooklyn 15
Council district
48
Coordinates
40.583991, -73.958317
05

Other buildings in Sheepshead Bay-Manhattan Beach-Gerritsen Beach

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3641 NOSTRAND AVENUED352819500-
3020 AVENUE YD435719600-
2212 BRIGHAM STREETD43241953281$215k
2220 BURNETT STREETD42641952295$225k
3901 NOSTRAND AVENUED42431961202$278k
2425 HARING STREETD42401953164$255k
2717 EAST 28 STREETD42401955190$234k
1501 VOORHIES AVENUERD236201661$1.03m
2835 OCEAN AVENUED120019491-
2620 EAST 13 STREETD41921952124$295k
2750 HOMECREST AVENUED118819592-
2775 HOMECREST AVENUED118819601-

Every building on file in Sheepshead Bay-Manhattan Beach-Gerritsen Beach