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Brooklyn / Bedford-Stuyvesant (West) / 11216

1247 ATLANTIC AVENUE

Boro3
Block1867
Lot88
BBL3018670088
Class D7
Residential units
43
Units in total
44
Storeys
10
Year built
2016
Last alteration on file
2015
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 6,642 SQ FT10
Drawn from PLUTO: 10 storeys, 33,599 sq ft of building on 6,642 sq ft of lot, an average floor plate covering 51% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,642 sq ft
Building area
33,599 sq ft
Residential area
32,447 sq ft
Commercial area
1,152 sq ft
Office area
-
Retail area
1,152 sq ft
Buildings on the lot
2
Built floor area ratio
5.06
Residential FAR permitted
4.66
Zoning district
C4-5D
03

Assessment

Assessed land value
$358,650
Assessed total value
$3,100,500
Exempt value
$2,937,660
Assessed per residential unit
$72,105

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.67879, -73.94918
05

Other buildings in Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)