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Brooklyn / Gravesend (East)-Homecrest / 11223

1601 OCEAN PARKWAY

Boro3
Block6638
Lot1
BBL3066380001
Class D1
Residential units
59
Units in total
59
Storeys
6
Year built
1929
Last alteration on file
2018
Recorded transfers
1 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
31 May 2024$7,974,000-APARTMENT BUILDING2 lotsRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 16,900 SQ FT6
Drawn from PLUTO: 6 storeys, 61,200 sq ft of building on 16,900 sq ft of lot, an average floor plate covering 60% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
16,900 sq ft
Building area
61,200 sq ft
Residential area
61,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.62
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$456,300
Assessed total value
$1,888,650
Exempt value
$0
Assessed per residential unit
$32,011

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Gravesend (East)-Homecrest
ZIP code
11223
Community district
Brooklyn 15
Council district
44
Coordinates
40.609161, -73.966999
05

Other buildings in Gravesend (East)-Homecrest

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1213 AVENUE ZD42501960180$340k
2400 EAST 3 STREETD41801957132$328k
367 AVENUE SD41561950145$244k
1230 AVENUE YD114519611-
1245 AVENUE XD113519631-
2375 EAST 3 STREETD113519571-
1237 AVENUE ZD4128195887$313k
1840 EAST 13 STREETD4125195487$260k
1628 OCEAN PARKWAYD112419282-
2365 EAST 13 STREETD112419600-
2355 EAST 12 STREETD112119631-
2250 EAST 4 STREETD111519620-

Every building on file in Gravesend (East)-Homecrest