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Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11230

1160 OCEAN AVENUE

Boro3
Block5240
Lot25
BBL3052400025
Class D4
Residential units
67
Units in total
67
Storeys
6
Year built
1939
Last alteration on file
-
Recorded transfers
12 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
22 Aug 2022$849,0002GSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Aug 2018$184,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jul 2018$675,0002GSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Aug 2016$160,0005CSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Nov 2013$289,0002GSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 May 2008$73,0004LSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Apr 2008$62,5005HSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Aug 2006$245,0005GSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Jun 2006$117,5005BSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jul 2005$219,0001GSINGLE RESIDENTIAL COOP UNITRPTT
28 Mar 2005$109,0001GSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Feb 2005$118,0005GSINGLE RESIDENTIAL COOP UNITRPTT&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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20221$849,000--
20182$429,500$184,000$675,000
20161$160,000--
20131$289,000--
20082$67,750$62,500$73,000
20062$181,250$117,500$245,000
20053$118,000$109,000$219,000
02

The building on the lot

Section through the lot

LOT 19,687 SQ FT6
Drawn from PLUTO: 6 storeys, 83,390 sq ft of building on 19,687 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
19,687 sq ft
Building area
83,390 sq ft
Residential area
73,390 sq ft
Commercial area
10,000 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.24
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$531,450
Assessed total value
$2,140,650
Exempt value
$6,690
Assessed per residential unit
$31,950

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 14
Council district
45
Coordinates
40.634092, -73.958419
05

Other buildings in Flatbush (West)-Ditmas Park-Parkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
570 WESTMINSTER ROADD41851935135$549k
870 OCEAN PARKWAYD118319750-
345 WEBSTER AVENUED4145195979$345k
400 ARGYLE ROADD113819591-
405 WESTMINSTER ROADD113819601-
1802 NEWKIRK AVENUED41341958175$495k
820 OCEAN PARKWAYD41321961113$370k
855 EAST 7 STREETD41311963121$280k
60 TURNER PLACED113019610-
435 CONEY ISLAND AVENUED612820230-
763 OCEAN PARKWAYD4124193776$333k
1326 OCEAN AVENUED311620170-

Every building on file in Flatbush (West)-Ditmas Park-Parkville