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Brooklyn / Williamsburg / 11249

116 SOUTH 1 STREET

Boro3
Block2405
Lot12
BBL3024050012
Class C1
Residential units
22
Units in total
22
Storeys
5
Year built
1910
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
17 Dec 2010$2,600,000-APARTMENT BUILDINGDEED
30 Oct 2003$930,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20101$2,600,000--
20031$930,000--
02

The building on the lot

Section through the lot

LOT 3,750 SQ FT5
Drawn from PLUTO: 5 storeys, 16,313 sq ft of building on 3,750 sq ft of lot, an average floor plate covering 87% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,750 sq ft
Building area
16,313 sq ft
Residential area
16,313 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.35
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$168,750
Assessed total value
$1,390,500
Exempt value
$0
Assessed per residential unit
$63,205

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
Williamsburg
ZIP code
11249
Community district
Brooklyn 1
Council district
34
Coordinates
40.714063, -73.962741
05

Other buildings in Williamsburg

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22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg