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

1204 OCEAN AVENUE

Boro3
Block5240
Lot1
BBL3052400001
Class C1
Residential units
59
Units in total
59
Storeys
4
Year built
1917
Last alteration on file
-
Recorded transfers
3 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
8 Sep 2015$9,700,000-APARTMENT BUILDINGDEED
1 Mar 2013$6,000,00059APARTMENT BUILDINGDEED
12 Jan 2006$4,116,181-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20151$9,700,000--
20131$6,000,000--
20061$4,116,181--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 19,200 SQ FT4
Drawn from PLUTO: 4 storeys, 57,600 sq ft of building on 19,200 sq ft of lot, an average floor plate covering 75% 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 (3) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
19,200 sq ft
Building area
57,600 sq ft
Residential area
57,600 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
3
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$152,550
Assessed total value
$1,966,500
Exempt value
$0
Assessed per residential unit
$33,331

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
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 14
Council district
45
Coordinates
40.633186, -73.958203
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