Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11226
1409 ALBEMARLE ROAD
Boro3
Block5095
Lot1
BBL3050950001
Residential units
29
Units in total
29
Storeys
6
Year built
1938
Last alteration on file
-
Recorded transfers
30 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 |
|---|---|---|---|---|
| 1 Mar 2023 | $835,000 | 3C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Jan 2023 | $1,200,000 | 2B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Nov 2021 | $875,000 | 5C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Nov 2021 | $850,000 | 5D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Mar 2021 | $420,000 | 1E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 22 Jan 2021 | $1,157,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Dec 2020 | $955,000 | 2A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Jun 2018 | $435,000 | 1H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Apr 2018 | $465,000 | 1A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 21 Jul 2016 | $786,000 | 3C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Mar 2016 | $624,000 | 5D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Sep 2015 | $600,000 | 3D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Apr 2015 | $475,000 | 3A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Jan 2015 | $280,000 | 1E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Nov 2014 | $57,500 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Sep 2014 | $325,000 | 1A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Nov 2013 | $199,000 | 1H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 5 Nov 2013 | $461,000 | 3C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Jun 2013 | $480,000 | 6D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 14 May 2013 | $415,000 | 1C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Aug 2012 | $425,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Jun 2011 | $426,000 | 2A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Aug 2010 | $375,000 | 2C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Feb 2010 | $91,000 | 1A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 22 Aug 2008 | $343,000 | 4A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Sep 2007 | $400,000 | 6D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 Aug 2007 | $300,000 | 3A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 21 Feb 2007 | $250,000 | 1B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Dec 2005 | $350,000 | 2A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Dec 2004 | $200,000 | 5C | SINGLE RESIDENTIAL COOP UNIT | 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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 2 | $1,017,500 | $835,000 | $1,200,000 |
| 2021 | 4 | $862,500 | $420,000 | $1,157,000 |
| 2020 | 1 | $955,000 | - | - |
| 2018 | 2 | $450,000 | $435,000 | $465,000 |
| 2016 | 2 | $705,000 | $624,000 | $786,000 |
| 2015 | 3 | $475,000 | $280,000 | $600,000 |
| 2014 | 2 | $191,250 | $57,500 | $325,000 |
| 2013 | 4 | $438,000 | $199,000 | $480,000 |
| 2012 | 1 | $425,000 | - | - |
| 2011 | 1 | $426,000 | - | - |
| 2010 | 2 | $233,000 | $91,000 | $375,000 |
| 2008 | 1 | $343,000 | - | - |
| 2007 | 3 | $300,000 | $250,000 | $400,000 |
| 2005 | 1 | $350,000 | - | - |
| 2004 | 1 | $200,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
17,333 sq ft
Building area
30,039 sq ft
Residential area
30,039 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.73
Residential FAR permitted
0.75
Zoning district
R1-2
03
Assessment
Assessed land value
$273,150
Assessed total value
$1,025,100
Exempt value
$46,330
Assessed per residential unit
$35,348
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
D4ELEVATOR COOPERATIVE
Neighbourhood
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11226
Community district
Brooklyn 14
Council district
40
Coordinates
40.646907, -73.966101
05
Other buildings in Flatbush (West)-Ditmas Park-Parkville
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 570 WESTMINSTER ROAD | D4 | 185 | 1935 | 135 | $549k |
| 870 OCEAN PARKWAY | D1 | 183 | 1975 | 0 | - |
| 345 WEBSTER AVENUE | D4 | 145 | 1959 | 79 | $345k |
| 400 ARGYLE ROAD | D1 | 138 | 1959 | 1 | - |
| 405 WESTMINSTER ROAD | D1 | 138 | 1960 | 1 | - |
| 1802 NEWKIRK AVENUE | D4 | 134 | 1958 | 175 | $495k |
| 820 OCEAN PARKWAY | D4 | 132 | 1961 | 113 | $370k |
| 855 EAST 7 STREET | D4 | 131 | 1963 | 121 | $280k |
| 60 TURNER PLACE | D1 | 130 | 1961 | 0 | - |
| 435 CONEY ISLAND AVENUE | D6 | 128 | 2023 | 0 | - |
| 763 OCEAN PARKWAY | D4 | 124 | 1937 | 76 | $333k |
| 1326 OCEAN AVENUE | D3 | 116 | 2017 | 0 | - |
Every building on file in Flatbush (West)-Ditmas Park-Parkville