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Queens / Baisley Park / 11436

120-45 SUTPHIN BOULEVARD

Boro4
Block12045
Lot1
BBL4120450001
Class D1
Residential units
62
Units in total
62
Storeys
4
Year built
1981
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
31 Jul 2008$15,622,535-APARTMENT BUILDINGDEED
21 Feb 2008$14,500,000-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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

PERMITTED, NOT BUILTLOT 79,950 SQ FT4
Drawn from PLUTO: 4 storeys, 85,000 sq ft of building on 79,950 sq ft of lot, an average floor plate covering 27% of it. The dashed outline is the difference between the floor area ratio already built (1.06) 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
79,950 sq ft
Building area
85,000 sq ft
Residential area
85,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.06
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$742,500
Assessed total value
$2,855,700
Exempt value
$2,855,700
Assessed per residential unit
$46,060

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
Baisley Park
ZIP code
11436
Community district
Queens 12
Council district
28
Coordinates
40.676918, -73.791258
05

Other buildings in Baisley Park

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
116-45 GUY R BREWER BLVDD360219600-
144-02 135TH AVENUED531819870-
125-30 SUTPHIN BOULEVARDD114819812-
116-27 169 STREETC94019510-
116-26 169 STREETC92419510-

Every building on file in Baisley Park