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Brooklyn / Gravesend (West) / 11223

125 KINGS HIGHWAY

Boro3
Block6618
Lot27
BBL3066180027
Class D6
Residential units
61
Units in total
62
Storeys
7
Year built
2022
Last alteration on file
2021
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
7 Oct 2022$3,500,000-APARTMENT BUILDINGDEED
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 11,017 SQ FT7
Drawn from PLUTO: 7 storeys, 52,448 sq ft of building on 11,017 sq ft of lot, an average floor plate covering 68% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,017 sq ft
Building area
52,448 sq ft
Residential area
46,628 sq ft
Commercial area
5,820 sq ft
Office area
1,077 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.76
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$867,600
Assessed total value
$4,641,300
Exempt value
$4,178,880
Assessed per residential unit
$76,087

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
Gravesend (West)
ZIP code
11223
Community district
Brooklyn 11
Council district
43
Coordinates
40.606239, -73.986704
05

Other buildings in Gravesend (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2230 CROPSEY AVENUERM24820220-
8855 BAY PARKWAYD316419581-
2286 CROPSEY AVENUERM151201981$781k
268 BAY 38 STREETD114019635-
225 AVENUE TD412519600-
8700 25 AVENUED712319632-
275 BAY 37 STREETD111219640-
1701 WEST 3 STREETD110719402-
2224 CROPSEY AVENUED110720230-
8645 BAY PARKWAYD110119500-
1780 WEST 3 STREETD19919620-
8301 BAY PARKWAYD19419281-

Every building on file in Gravesend (West)