apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Brooklyn / Bedford-Stuyvesant (East) / 11216

1516 FULTON STREET

Recorded on the Digital Tax Map as THE 1516 FULTON STREET CONDOMINIUM.

Boro3
Block1864
Lot7502
BBL3018647502
Class RM
Residential units
23
Units in total
24
Storeys
7
Year built
2018
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 4,000 SQ FT7
Drawn from PLUTO: 7 storeys, 20,144 sq ft of building on 4,000 sq ft of lot, an average floor plate covering 72% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,000 sq ft
Building area
20,144 sq ft
Residential area
17,808 sq ft
Commercial area
2,336 sq ft
Office area
-
Retail area
2,336 sq ft
Buildings on the lot
1
Built floor area ratio
5.04
Residential FAR permitted
4.66
Zoning district
R7D
03

Assessment

Assessed land value
$90,000
Assessed total value
$1,047,150
Exempt value
$790,405
Assessed per residential unit
$45,528

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
RM
Neighbourhood
Bedford-Stuyvesant (East)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.679639, -73.940241

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)