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Queens / Jamaica / 11432

164-03 89 AVENUE

Boro4
Block9814
Lot1
BBL4098140001
Class D7
Residential units
36
Units in total
42
Storeys
6
Year built
1924
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$7,560,000-APARTMENT BUILDINGDEED
10 Jul 2013$5,158,666-APARTMENT BUILDINGDEED
28 Jul 2004$4,635,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20161$7,560,000--
20131$5,158,666--
20041$4,635,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 9,900 SQ FT6
Drawn from PLUTO: 6 storeys, 42,880 sq ft of building on 9,900 sq ft of lot, an average floor plate covering 72% of it. The dashed outline is the difference between the floor area ratio already built (4.33) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
9,900 sq ft
Building area
42,880 sq ft
Residential area
39,380 sq ft
Commercial area
3,500 sq ft
Office area
-
Retail area
3,500 sq ft
Buildings on the lot
1
Built floor area ratio
4.33
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$445,500
Assessed total value
$1,740,150
Exempt value
$0
Assessed per residential unit
$48,338

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
24
Coordinates
40.707709, -73.797009
05

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