Brooklyn / East Flatbush-Farragut / 11203
1151 NEW YORK AVENUE
Boro3
Block4933
Lot1
BBL3049330001
Residential units
59
Units in total
59
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 31 Mar 2011 | $1,918,577 | 59 | 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.
02
The building on the lot
Section through the lot
Lot area
12,192 sq ft
Building area
51,840 sq ft
Residential area
51,840 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.25
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$301,950
Assessed total value
$1,048,950
Exempt value
$0
Assessed per residential unit
$17,779
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
East Flatbush-Farragut
ZIP code
11203
Community district
Brooklyn 17
Council district
45
Coordinates
40.645036, -73.945742
05
Other buildings in East Flatbush-Farragut
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1368 NEW YORK AVENUE | D1 | 504 | 1950 | 1 | - |
| 3505 FOSTER AVENUE | D1 | 504 | 1950 | 1 | - |
| 1401 NEW YORK AVENUE | D1 | 420 | 1950 | 1 | - |
| 1402 BROOKLYN AVENUE | D1 | 420 | 1950 | 1 | - |
| 3202 FOSTER AVENUE | D1 | 336 | 1950 | 1 | - |
| 3215 AVENUE H | D4 | 190 | 1961 | 93 | $321k |
| 3101 FOSTER AVENUE | D1 | 168 | 1950 | 1 | - |
| 1405 BROOKLYN AVENUE | D1 | 144 | 1950 | 1 | - |
| 667 EAST 34 STREET | D1 | 90 | 1940 | 1 | - |
| 1488 NEW YORK AVENUE | RM | 89 | 2019 | 0 | - |
| 4710 AVENUE D | D1 | 67 | 1963 | 3 | - |
| 3413 AVENUE H | D1 | 65 | 1963 | 2 | - |