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Brooklyn / Midwood / 11230

1602 AVENUE I

Boro3
Block6709
Lot1
BBL3067090001
Class D4
Residential units
129
Units in total
129
Storeys
6
Year built
1941
Last alteration on file
2012
Recorded transfers
56 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
24 Mar 2026$685,000408SINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Mar 2026$600,000507SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Jul 2025$382,500216SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Nov 2024$310,000204SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Nov 2024$250,000C3SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Aug 2024$178,000103SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jan 2024$800,000108SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Nov 2023$352,000410SINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Sep 2023$275,000204SINGLE RESIDENTIAL COOP UNITRPTT&RET
11 May 2022$372,000301SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Apr 2022$17,615,000201SINGLE RESIDENTIAL COOP UNIT67 lotsRPTT&RET
28 Apr 2022$17,615,000603SINGLE RESIDENTIAL COOP UNIT68 lotsRPTT&RET
14 Mar 2022$352,000302SINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Aug 2021$408,000203SINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Feb 2021$170,000305SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jan 2021$485,000617SINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Oct 2020$298,000216SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jul 2020$450,000408SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jun 2020$447,000517SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jun 2020$434,000208SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Apr 2020$332,000611SINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Nov 2019$340,000203SINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Jul 2019$495,000401SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Mar 2019$379,000202SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Mar 2019$345,000502SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Feb 2019$360,000C2SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Oct 2018$290,000415SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Mar 2018$349,000612SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Nov 2017$440,000107SINGLE RESIDENTIAL COOP UNITRPTT
17 Oct 2017$380,000503SINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Oct 2016$280,000302SINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Oct 2016$430,000308SINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Mar 2016$148,000115SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Nov 2015$124,000103SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jan 2015$392,500617SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Nov 2014$165,000202SINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2014$358,000207SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Nov 2013$305,000517SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jul 2013$285,000507SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jun 2013$214,000311SINGLE RESIDENTIAL COOP UNITRPTT&RET
56 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20262$642,500$600,000$685,000
20251$382,500--
20244$280,000$178,000$800,000
20232$313,500$275,000$352,000
20224$8,993,500$352,000$17,615,000
20213$408,000$170,000$485,000
20205$434,000$298,000$450,000
20195$360,000$340,000$495,000
20182$319,500$290,000$349,000
20172$410,000$380,000$440,000
20163$280,000$148,000$430,000
20152$258,250$124,000$392,500
20142$261,500$165,000$358,000
20133$285,000$214,000$305,000
20121$160,000--
20103$170,000$167,000$250,000
20091$205,000--
20074$255,000$107,000$314,000
20063$322,500$272,000$372,500
20052$227,500$195,000$260,000
20042$137,500$75,000$200,000
02

The building on the lot

Section through the lot

LOT 70,907 SQ FT6
Drawn from PLUTO: 6 storeys, 149,400 sq ft of building on 70,907 sq ft of lot, an average floor plate covering 35% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
70,907 sq ft
Building area
149,400 sq ft
Residential area
149,400 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.11
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$1,276,200
Assessed total value
$5,237,100
Exempt value
$116,327
Assessed per residential unit
$40,598

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Midwood
ZIP code
11230
Community district
Brooklyn 14
Council district
44
Coordinates
40.627075, -73.960401
05

Other buildings in Midwood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1263 EAST 14 STREETD630220171-
1401 OCEAN AVENUED41841963110$750k
1255 EAST 19 STREETD314419590-
2400 NOSTRAND AVENUED113319553-
1615 AVENUE ID41321941134$440k
920 EAST 17 STREETD41321948111$425k
1219 AVENUE OD112019852-
1818 OCEAN AVENUED112019490-
2525 NOSTRAND AVENUED4114195368$309k
1641 OCEAN AVENUED111319260-
2501 NOSTRAND AVENUED711219532-
2705 KINGS HIGHWAYD4108195069$198k

Every building on file in Midwood