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Brooklyn / 11217

120 3 AVENUE

Boro3
Block394
Lot1
BBL3003940001
Class D3
Residential units
709
Units in total
709
Storeys
21
Year built
1965
Last alteration on file
1989
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 243,000 SQ FT21
Drawn from PLUTO: 21 storeys, 509,151 sq ft of building on 243,000 sq ft of lot, an average floor plate covering 10% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.1) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
243,000 sq ft
Building area
509,151 sq ft
Residential area
509,151 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.1
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$2,700,000
Assessed total value
$29,179,800
Exempt value
$29,179,800
Assessed per residential unit
$41,156

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
11217
Community district
Brooklyn 6
Council district
39
Coordinates
40.682541, -73.983822
05

Other buildings in ZIP 11217

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
18 SIXTH AVERM85820190-
229 HOYT STREETD379619650-
350 LIVINGSTON STREETD775020141-
590 FULTON STREETRM58620151-
180 ASHLAND PLACED656920230-
100 FLATBUSH AVENUERM44120210-
179 HOYT STREETD339219600-
300 ASHLAND PLACERM37920150-
461 DEAN STREETD836320132-
267 BOND STREETD734420230-
29 FLATBUSH AVENUERM32620121-
662 PACIFIC STREETRM31220190-

Every building on file in ZIP 11217