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

1232 OCEAN AVENUE

Boro3
Block6694
Lot55
BBL3066940055
Class D1
Residential units
108
Units in total
108
Storeys
6
Year built
1953
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
15 Oct 2008$165,0003-FSINGLE RESIDENTIAL COOP UNITRPTT&RET
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

LOT 26,300 SQ FT6
Drawn from PLUTO: 6 storeys, 94,200 sq ft of building on 26,300 sq ft of lot, an average floor plate covering 60% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
26,300 sq ft
Building area
94,200 sq ft
Residential area
94,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.58
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$532,800
Assessed total value
$4,006,800
Exempt value
$0
Assessed per residential unit
$37,100

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
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 14
Council district
45
Coordinates
40.631932, -73.957992
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