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Brooklyn / Windsor Terrace-South Slope / 11215

1601 8 AVENUE

Boro3
Block1109
Lot1
BBL3011090001
Class D3
Residential units
201
Units in total
201
Storeys
7
Year built
1980
Last alteration on file
-
Recorded transfers
2 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
30 Nov 2022$15,192,610-APARTMENT BUILDINGRPTT&RET
29 Dec 2005$14,500,000201APARTMENT BUILDINGDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$15,192,610--
20051$14,500,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 82,766 SQ FT7
Drawn from PLUTO: 7 storeys, 147,170 sq ft of building on 82,766 sq ft of lot, an average floor plate covering 25% of it. The dashed outline is the difference between the floor area ratio already built (1.78) and the residential floor area ratio of the zoning district (2). It is a diagram of recorded figures, not a picture of the building.
Lot area
82,766 sq ft
Building area
147,170 sq ft
Residential area
147,170 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.78
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$1,939,500
Assessed total value
$19,192,050
Exempt value
$19,192,050
Assessed per residential unit
$95,483

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
Windsor Terrace-South Slope
ZIP code
11215
Community district
Brooklyn 7
Council district
39
Coordinates
40.660874, -73.982238
05

Other buildings in Windsor Terrace-South Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
11 OCEAN PARKWAYD737520220-
221 MCDONALD AVENUED41601953153$600k
651 VANDERBILT STREETD41491963168$696k
263 PROSPECT AVENUED114720240-
829 GREENWOOD AVENUED113519820-
555 4 AVENUED713420180-
10 OCEAN PARKWAYD113319270-
57 CATON PLACED113120220-
23 CATON PLACED112620053-
112 EAST 2 STREETD41141940167$600k
100 OCEAN PARKWAYD4103195371$660k
135 PROSPECT PARK SWD484192985$725k

Every building on file in Windsor Terrace-South Slope