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Brooklyn / 11221

159 MARCUS GARVEY BLVD

Boro3
Block1597
Lot1
BBL3015970001
Class D3
Residential units
270
Units in total
270
Storeys
15
Year built
1962
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 150,000 SQ FT15
Drawn from PLUTO: 15 storeys, 922,336 sq ft of building on 150,000 sq ft of lot, an average floor plate covering 41% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
150,000 sq ft
Building area
922,336 sq ft
Residential area
922,336 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
6.15
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$1,822,500
Assessed total value
$20,590,650
Exempt value
$20,590,650
Assessed per residential unit
$76,262

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
11221
Community district
Brooklyn 3
Council district
36
Coordinates
40.693222, -73.938581
05

Other buildings in ZIP 11221

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
223 LINDEN STREETD135320230-
333 CENTRAL AVENUED330619621-
942 DEKALB AVENUED324819620-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-
340 EVERGREEN AVENUED116820190-
311 MARCUS GARVEY BLVDD116019723-
146 MALCOLM X BOULEVARDD315019850-
588 GATES AVENUED915019732-
CEDAR STREETD313920230-
245 LEWIS AVENUED113219710-

Every building on file in ZIP 11221