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 |
|---|---|---|---|---|
| 7 Apr 2005 | $4,500,000 | - | APARTMENT BUILDING | RPTT&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.
The building on the lot
Section through the lot
Assessment
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.
Classification and location
Other buildings in Cypress Hills
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 254 EUCLID AVENUE | RM | 436 | 2023 | 0 | - |
| 250 EUCLID AVENUE | RM | 403 | 2022 | 0 | - |
| 2864 ATLANTIC AVENUE | D7 | 183 | 2023 | 0 | - |
| 2667 FULTON STREET | D6 | 110 | 2024 | 0 | - |
| 3002 ATLANTIC AVENUE | D6 | 100 | 2018 | 0 | - |
| 220 HIGHLAND BOULEVARD | D1 | 94 | 1928 | 0 | - |
| 224 HIGHLAND BOULEVARD | D4 | 88 | 1940 | 25 | $278k |
| 200 HIGHLAND BOULEVARD | D1 | 66 | 1940 | 0 | - |
| 2715 FULTON STREET | D6 | 60 | 2022 | 0 | - |
| 87 EUCLID AVENUE | C1 | 60 | 1927 | 2 | - |
| 371 ETNA STREET | C1 | 56 | 1927 | 1 | - |
| 137 JAMAICA AVENUE | D1 | 54 | 2016 | 0 | - |