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Brooklyn / Cypress Hills / 11208

115 LOGAN STREET

Boro3
Block4126
Lot25
BBL3041260025
Class D6
Residential units
50
Units in total
54
Storeys
6
Year built
1929
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
7 Apr 2005$4,500,000-APARTMENT BUILDINGRPTT&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.
02

The building on the lot

Section through the lot

LOT 10,155 SQ FT6
Drawn from PLUTO: 6 storeys, 47,850 sq ft of building on 10,155 sq ft of lot, an average floor plate covering 79% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,155 sq ft
Building area
47,850 sq ft
Residential area
44,850 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.71
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$182,700
Assessed total value
$1,610,100
Exempt value
$0
Assessed per residential unit
$32,202

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
Cypress Hills
ZIP code
11208
Community district
Brooklyn 5
Council district
37
Coordinates
40.683853, -73.878016
05

Other buildings in Cypress Hills

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
254 EUCLID AVENUERM43620230-
250 EUCLID AVENUERM40320220-
2864 ATLANTIC AVENUED718320230-
2667 FULTON STREETD611020240-
3002 ATLANTIC AVENUED610020180-
220 HIGHLAND BOULEVARDD19419280-
224 HIGHLAND BOULEVARDD488194025$278k
200 HIGHLAND BOULEVARDD16619400-
2715 FULTON STREETD66020220-
87 EUCLID AVENUEC16019272-
371 ETNA STREETC15619271-
137 JAMAICA AVENUED15420160-

Every building on file in Cypress Hills