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Queens / Far Rockaway-Bayswater / 11691

120 BEACH 26 STREET

Recorded on the Digital Tax Map as METROPLEX ON THE ATLANTIC CONDOMINIUM.

Boro4
Block15817
Lot7501
BBL4158177501
Class RM
Residential units
126
Units in total
127
Storeys
15
Year built
2006
Last alteration on file
-
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
5 Apr 2016$27,600,000200SINGLE RESIDENTIAL CONDO UNIT127 lotsDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 44,700 SQ FT15
Drawn from PLUTO: 15 storeys, 109,935 sq ft of building on 44,700 sq ft of lot, an average floor plate covering 16% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
44,700 sq ft
Building area
109,935 sq ft
Residential area
103,135 sq ft
Commercial area
6,800 sq ft
Office area
6,800 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.46
Residential FAR permitted
1
Zoning district
R4-1
03

Assessment

Assessed land value
$810,907
Assessed total value
$6,217,210
Exempt value
$6,176,207
Assessed per residential unit
$49,343

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
RM
Neighbourhood
Far Rockaway-Bayswater
ZIP code
11691
Community district
Queens 14
Council district
31
Coordinates
40.592641, -73.758439

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Far Rockaway-Bayswater

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
17-20 VILLAGE LANERM1,30820200-
7-11 SEAGIRT AVENUED191719742-
125 BEACH 17 STREETD160219712-
20-55 SEAGIRT BOULEVARDD140219520-
125 BEACH 19 STREETD327419750-
15-18 VILLAGE LANED326120240-
20-21 SEAGIRT BOULEVARDD125919520-
155 BEACH 19 STREETD325619660-
19-25 SEAGIRT BOULEVARDD325619660-
10-18 BEACH 20 STREETRM25220200-
10-45 BEACH 21ST STREETRM22420200-
2-52 BEACH 14 STREETD119619801-

Every building on file in Far Rockaway-Bayswater