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Brooklyn / East Flatbush-Farragut / 11210

1402 BROOKLYN AVENUE

Boro3
Block4981
Lot50
BBL3049810050
Class D1
Residential units
420
Units in total
420
Storeys
6
Year built
1950
Last alteration on file
1983
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
31 Oct 2005$23,254,808-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

PERMITTED, NOT BUILTLOT 161,655 SQ FT6
Drawn from PLUTO: 6 storeys, 324,000 sq ft of building on 161,655 sq ft of lot, an average floor plate covering 33% of it. PLUTO records 10 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
161,655 sq ft
Building area
324,000 sq ft
Residential area
324,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
10
Built floor area ratio
2
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$1,118,700
Assessed total value
$10,876,950
Exempt value
$10,876,950
Assessed per residential unit
$25,898

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
East Flatbush-Farragut
ZIP code
11210
Community district
Brooklyn 17
Council district
45
Coordinates
40.63823, -73.943247
05

Other buildings in East Flatbush-Farragut

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1368 NEW YORK AVENUED150419501-
3505 FOSTER AVENUED150419501-
1401 NEW YORK AVENUED142019501-
3202 FOSTER AVENUED133619501-
3215 AVENUE HD4190196193$321k
3101 FOSTER AVENUED116819501-
1405 BROOKLYN AVENUED114419501-
667 EAST 34 STREETD19019401-
1488 NEW YORK AVENUERM8920190-
4710 AVENUE DD16719633-
3413 AVENUE HD16519632-
3205 FARRAGUT ROADD16319620-

Every building on file in East Flatbush-Farragut