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Queens / Jamaica / 11432

162-20 89 AVENUE

Boro4
Block9761
Lot48
BBL4097610048
Class D1
Residential units
40
Units in total
40
Storeys
6
Year built
1929
Last alteration on file
-
Recorded transfers
3 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
16 Mar 2016$6,440,000-APARTMENT BUILDINGDEED
10 Jul 2013$4,574,667-APARTMENT BUILDINGDEED
28 Jul 2004$3,090,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20161$6,440,000--
20131$4,574,667--
20041$3,090,000--
02

The building on the lot

Section through the lot

LOT 8,096 SQ FT6
Drawn from PLUTO: 6 storeys, 46,464 sq ft of building on 8,096 sq ft of lot, an average floor plate covering 96% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,096 sq ft
Building area
46,464 sq ft
Residential area
46,464 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.74
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$182,250
Assessed total value
$1,187,100
Exempt value
$0
Assessed per residential unit
$29,678

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
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
27
Coordinates
40.706742, -73.798375
05

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Every building on file in Jamaica