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Brooklyn / Bushwick (West) / 11206

123 MELROSE STREET

Boro3
Block3152
Lot48
BBL3031520048
Class D6
Residential units
468
Units in total
469
Storeys
9
Year built
2019
Last alteration on file
2014
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

LOT 86,512 SQ FT9
Drawn from PLUTO: 9 storeys, 384,683 sq ft of building on 86,512 sq ft of lot, an average floor plate covering 49% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
86,512 sq ft
Building area
384,683 sq ft
Residential area
330,009 sq ft
Commercial area
54,674 sq ft
Office area
-
Retail area
23,324 sq ft
Buildings on the lot
1
Built floor area ratio
4.45
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$2,879,100
Assessed total value
$41,583,600
Exempt value
$40,162,578
Assessed per residential unit
$88,854

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Bushwick (West)
ZIP code
11206
Community district
Brooklyn 4
Council district
34
Coordinates
40.699766, -73.933461
05

Other buildings in Bushwick (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 MONTIETH STREETD750020170-
54 NOLL STREETD644320180-
87 GEORGE STREETRM32420220-
415 BLEECKER STREETD915019862-
114 TROUTMAN STREETD214420060-
CEDAR STREETD313920230-
908 FLUSHING AVENUED713620190-
1601 DEKALB AVENUED112820240-
1209 DEKALB AVENUED112720122-
626 BUSHWICK AVENUED19918691-
21 MONTIETH STREETD39420220-
68 BEAVER STREETRM88200731$397k

Every building on file in Bushwick (West)