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Brooklyn / Crown Heights (North) / 11213

1484 STERLING PLACE

Boro3
Block1379
Lot24
BBL3013790024
Class C1
Residential units
27
Units in total
27
Storeys
4
Year built
1922
Last alteration on file
1998
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
11 Feb 2014$3,246,629-APARTMENT BUILDINGRPTT&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 7,560 SQ FT4
Drawn from PLUTO: 4 storeys, 25,200 sq ft of building on 7,560 sq ft of lot, an average floor plate covering 83% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,560 sq ft
Building area
25,200 sq ft
Residential area
25,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.33
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$135,900
Assessed total value
$511,650
Exempt value
$259,690
Assessed per residential unit
$18,950

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Crown Heights (North)
ZIP code
11213
Community district
Brooklyn 8
Council district
36
Coordinates
40.671138, -73.929575
05

Other buildings in Crown Heights (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1880 PACIFIC STREETD11,16819500-
953 DEAN STREETD724020230-
1034 ATLANTIC AVENUED723720240-
805 ST MARKS AVENUED120019243-
564 ST JOHNS PLACED119320152-
409 EASTERN PARKWAYRM18620160-
1733 BERGEN STREETD118419500-
769 ST MARKS AVENUED118019242-
998-1010 PACIFIC STREETD317520220-
545 PROSPECT PLACED515919300-
230 KINGSTON AVENUED915219820-
497 ST MARKS AVENUED114720140-

Every building on file in Crown Heights (North)