Residential units
41
Units in total
41
Storeys
6
Year built
1931
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 31 Mar 2011 | $1,729,477 | - | APARTMENT BUILDING | RPTT&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 area
9,692 sq ft
Building area
40,740 sq ft
Residential area
40,740 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.2
Residential FAR permitted
4
Zoning district
R7A
03
Assessment
Assessed land value
$130,500
Assessed total value
$1,045,800
Exempt value
$0
Assessed per residential unit
$25,507
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
Midwood
ZIP code
11230
Community district
Brooklyn 14
Council district
44
Coordinates
40.618729, -73.95697
05
Other buildings in Midwood
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1263 EAST 14 STREET | D6 | 302 | 2017 | 1 | - |
| 1401 OCEAN AVENUE | D4 | 184 | 1963 | 110 | $750k |
| 1255 EAST 19 STREET | D3 | 144 | 1959 | 0 | - |
| 2400 NOSTRAND AVENUE | D1 | 133 | 1955 | 3 | - |
| 1615 AVENUE I | D4 | 132 | 1941 | 134 | $440k |
| 920 EAST 17 STREET | D4 | 132 | 1948 | 111 | $425k |
| 1602 AVENUE I | D4 | 129 | 1941 | 56 | $377k |
| 1219 AVENUE O | D1 | 120 | 1985 | 2 | - |
| 1818 OCEAN AVENUE | D1 | 120 | 1949 | 0 | - |
| 2525 NOSTRAND AVENUE | D4 | 114 | 1953 | 68 | $309k |
| 1641 OCEAN AVENUE | D1 | 113 | 1926 | 0 | - |
| 2501 NOSTRAND AVENUE | D7 | 112 | 1953 | 2 | - |