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Brooklyn / Midwood / 11230

1485 EAST 16 STREET

Boro3
Block6754
Lot52
BBL3067540052
Class D4
Residential units
54
Units in total
54
Storeys
6
Year built
1938
Last alteration on file
-
Recorded transfers
15 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
6 May 2026$205,8421JSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Sep 2023$280,0003GSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 May 2022$330,0006DSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 May 2022$299,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jul 2019$375,0002-ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jul 2016$239,0003GSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2015$170,0004HSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Oct 2013$170,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Sep 2013$90,000F6SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2013$171,0005HSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jan 2011$130,6354ESINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Dec 2010$131,2123GSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 May 2008$190,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Jul 2007$140,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Sep 2006$190,0003HSINGLE RESIDENTIAL COOP UNITRPTT&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

YearTransfersMedian recordedLowestHighest
20261$205,842--
20231$280,000--
20222$314,500$299,000$330,000
20191$375,000--
20161$239,000--
20151$170,000--
20133$170,000$90,000$171,000
20111$130,635--
20101$131,212--
20081$190,000--
20071$140,000--
20061$190,000--
02

The building on the lot

Section through the lot

LOT 12,150 SQ FT6
Drawn from PLUTO: 6 storeys, 56,892 sq ft of building on 12,150 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,150 sq ft
Building area
56,892 sq ft
Residential area
56,892 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.68
Residential FAR permitted
1.5
Zoning district
R5B
03

Assessment

Assessed land value
$273,600
Assessed total value
$2,037,150
Exempt value
$76,129
Assessed per residential unit
$37,725

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
Midwood
ZIP code
11230
Community district
Brooklyn 14
Council district
48
Coordinates
40.613394, -73.957971
05

Other buildings in Midwood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1263 EAST 14 STREETD630220171-
1401 OCEAN AVENUED41841963110$750k
1255 EAST 19 STREETD314419590-
2400 NOSTRAND AVENUED113319553-
1615 AVENUE ID41321941134$440k
920 EAST 17 STREETD41321948111$425k
1602 AVENUE ID4129194156$377k
1219 AVENUE OD112019852-
1818 OCEAN AVENUED112019490-
2525 NOSTRAND AVENUED4114195368$309k
1641 OCEAN AVENUED111319260-
2501 NOSTRAND AVENUED711219532-

Every building on file in Midwood