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Queens / East Flushing / 11355

138-52 ELDER AVENUE

Boro4
Block5145
Lot49
BBL4051450049
Class D7
Residential units
159
Units in total
175
Storeys
14
Year built
1988
Last alteration on file
-
Recorded transfers
2 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
17 Mar 2022$21,700,000-APARTMENT BUILDINGRPTT&RET
26 Apr 2007$1-APARTMENT BUILDINGDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$21,700,000--
20071$1--
02

The building on the lot

Section through the lot

LOT 32,254 SQ FT14
Drawn from PLUTO: 14 storeys, 121,091 sq ft of building on 32,254 sq ft of lot, an average floor plate covering 27% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
32,254 sq ft
Building area
121,091 sq ft
Residential area
112,380 sq ft
Commercial area
8,711 sq ft
Office area
-
Retail area
8,000 sq ft
Buildings on the lot
1
Built floor area ratio
3.75
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$1,016,100
Assessed total value
$4,334,850
Exempt value
$4,118,108
Assessed per residential unit
$27,263

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
East Flushing
ZIP code
11355
Community district
Queens 7
Council district
20
Coordinates
40.752361, -73.822542
05

Other buildings in East Flushing

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
137-47 45 AVENUED328919701-
137-60 45 AVENUED725219550-
144-54 SANFORD AVENUED41801952199$353k
137-20 45 AVENUED114919631-
45-15 COLDEN STREETD114819631-
44-15 COLDEN STREETD113819631-
45-25 KISSENA BOULEVARDD613519640-
138-70 ELDER AVENUED41261963136$358k
144-30 SANFORD AVENUED41191960135$400k
144-76 SANFORD AVENUED4941937101$329k
137-39 45 AVENUED69220130-
137-77 KISSENA BOULEVARDD490197399$252k

Every building on file in East Flushing