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Brooklyn / 11233

1797 PARK PLACE

Recorded on the Digital Tax Map as BK PROSPECT PLAZA CONDOMINIUM.

Boro3
Block1463
Lot7501
BBL3014637501
Class RM
Residential units
151
Units in total
152
Storeys
4
Year built
2009
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 99,007 SQ FT4
Drawn from PLUTO: 4 storeys, 203,442 sq ft of building on 99,007 sq ft of lot, an average floor plate covering 51% 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
99,007 sq ft
Building area
203,442 sq ft
Residential area
197,672 sq ft
Commercial area
5,770 sq ft
Office area
-
Retail area
5,770 sq ft
Buildings on the lot
2
Built floor area ratio
2.05
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$2,227,500
Assessed total value
$12,830,850
Exempt value
$12,740,353
Assessed per residential unit
$84,973

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
RM
Neighbourhood
-
ZIP code
11233
Community district
Brooklyn 16
Council district
41
Coordinates
40.672018, -73.918546

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in ZIP 11233

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
214 THOMAS S BOYLAND STD61,10719681-
291 PATCHEN AVENUED389619800-
88 CHAUNCEY STREETD128719742-
2425 PACIFIC STREETRM23620240-
21 PRESCOTT PLACERM23520210-
FULTON STREETD1213-0-
349 THOMAS S BOYLAND STD120019850-
1733 BERGEN STREETD118419500-
1825 ATLANTIC AVENUERM15020080-
SACKMAN STREETD113620200-
430 SARATOGA AVENUERM13520170-
930 HALSEY STREETD312619800-

Every building on file in ZIP 11233