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Brooklyn / Borough Park / 11204

1600 55 STREET

Boro3
Block5489
Lot6
BBL3054890006
Class C7
Residential units
33
Units in total
37
Storeys
4
Year built
1926
Last alteration on file
1981
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 9,000 SQ FT4
Drawn from PLUTO: 4 storeys, 30,057 sq ft of building on 9,000 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
9,000 sq ft
Building area
30,057 sq ft
Residential area
22,532 sq ft
Commercial area
7,525 sq ft
Office area
-
Retail area
7,525 sq ft
Buildings on the lot
1
Built floor area ratio
3.34
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$182,250
Assessed total value
$2,018,700
Exempt value
$1,857,204
Assessed per residential unit
$61,173

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Borough Park
ZIP code
11204
Community district
Brooklyn 12
Council district
44
Coordinates
40.627361, -73.988951
05

Other buildings in Borough Park

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
5100 15 AVENUED4100193114$580k
5000 15 AVENUED18719280-
4515 12 AVENUED18019250-
4515 NEW UTRECHT AVENUERM8019100-
4812 14 AVENUED77819270-
4910 15 AVENUED77519350-
5619 15 AVENUED17219310-
1364 51 STREETD77019600-
1320 51 STREETD16519350-
1451 52 STREETD16519310-
4701 15 AVENUED16519271-
5501 15 AVENUED16519280-

Every building on file in Borough Park