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Brooklyn / Crown Heights (South) / 11213

1692 UNION STREET

Boro3
Block1402
Lot29
BBL3014020029
Class D1
Residential units
61
Units in total
61
Storeys
4
Year built
1920
Last alteration on file
1981
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
28 Jul 2016$15,000,000-APARTMENT BUILDINGDEED
14 Apr 2005$3,965,000-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.

By year

YearTransfersMedian recordedLowestHighest
20161$15,000,000--
20051$3,965,000--
02

The building on the lot

Section through the lot

LOT 16,050 SQ FT4
Drawn from PLUTO: 4 storeys, 41,055 sq ft of building on 16,050 sq ft of lot, an average floor plate covering 64% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
16,050 sq ft
Building area
41,055 sq ft
Residential area
41,055 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.56
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$85,500
Assessed total value
$2,458,350
Exempt value
$2,458,350
Assessed per residential unit
$40,301

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
Crown Heights (South)
ZIP code
11213
Community district
Brooklyn 9
Council district
35
Coordinates
40.667651, -73.932159
05

Other buildings in Crown Heights (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
54 CROWN STREETD656920240-
1089 PRESIDENT STREETRM41520190-
49 CROWN STREETD332119731-
960 FRANKLIN AVENUED330120250-
975 NOSTRAND AVENUED626620230-
1238 PRESIDENT STREETD424119720-
931 CARROLL STREETD121420240-
111 MONTGOMERY STREETR21632018188$784k
451 KINGSTON AVENUED715619290-
240 CROWN STREETD113519270-
250 CROWN STREETD112919270-
1702 CARROLL STREETD4125192634$200k

Every building on file in Crown Heights (South)