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Brooklyn / Park Slope / 11215

118 GARFIELD PLACE

Boro3
Block965
Lot32
BBL3009650032
Class C1
Residential units
39
Units in total
39
Storeys
4
Year built
1925
Last alteration on file
1986
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
27 Dec 2012$3,000,000-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 10,000 SQ FT4
Drawn from PLUTO: 4 storeys, 27,024 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 68% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
27,024 sq ft
Residential area
27,024 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.7
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$222,750
Assessed total value
$2,470,500
Exempt value
$0
Assessed per residential unit
$63,346

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
Park Slope
ZIP code
11215
Community district
Brooklyn 6
Council district
39
Coordinates
40.673557, -73.980147
05

Other buildings in Park Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
18 SIXTH AVERM85820190-
445 5TH AVENUERM754192022$1.71m
461 DEAN STREETD836320132-
38 SIXTH AVENUERM30320162$17.9m
85 4TH AVENUED624720250-
128 5 AVENUED718020230-
341 10 STREETD315419680-
535 4 AVENUED714820150-
35 4 AVENUED614320220-
10 PLAZA ST EASTD41341959100$896k
357 9 STREETRM13119200-
343 4 AVENUERM1132006220$1.18m

Every building on file in Park Slope