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Queens / Jamaica Estates-Holliswood / 11432

175-27 87 DRIVE

Boro4
Block9845
Lot1
BBL4098450001
Class D1
Residential units
66
Units in total
66
Storeys
7
Year built
1939
Last alteration on file
-
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
10 Jan 2019$16,263,095-APARTMENT BUILDINGDEED
5 Nov 2008$3,133,333-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
20191$16,263,095--
20081$3,133,333--
02

The building on the lot

Section through the lot

LOT 31,500 SQ FT7
Drawn from PLUTO: 7 storeys, 70,625 sq ft of building on 31,500 sq ft of lot, an average floor plate covering 32% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
31,500 sq ft
Building area
70,625 sq ft
Residential area
70,625 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.24
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$495,000
Assessed total value
$1,609,650
Exempt value
$0
Assessed per residential unit
$24,389

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 Estates-Holliswood
ZIP code
11432
Community district
Queens 8
Council district
24
Coordinates
40.712984, -73.787697
05

Other buildings in Jamaica Estates-Holliswood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
175-01 HILLSIDE AVENUED43421969280$220k
87-10 204 STREETD42961954224$200k
86-50 FRANCIS LEWIS BLVDC928819523-
182-30 WEXFORD TERRACED121719641-
204-15 FOOTHILL AVENUED42001953170$181k
87-40 FRANCIS LEWIS BLVDD42001953139$178k
87-50 204 STREETD41971954173$215k
206-09 86 ROADC919219523-
210-10 GRND CNTRL PKWY SR EC919219513-
183-11 HILLSIDE AVENUED315519621-
178-10 WEXFORD TERRACED715219551-
196-01 POMPEII AVENUEC61521950151$210k

Every building on file in Jamaica Estates-Holliswood