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Queens / Ridgewood / 11385

18-70 TROUTMAN STREET

Boro4
Block3395
Lot16
BBL4033950016
Class D7
Residential units
125
Units in total
126
Storeys
1
Year built
2018
Last alteration on file
2016
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
26 Apr 2022$2,688,515-APARTMENT BUILDINGDEED
26 Apr 2022$21,413,897-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 35,375 SQ FT1
Drawn from PLUTO: 1 storeys, 89,459 sq ft of building on 35,375 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
35,375 sq ft
Building area
89,459 sq ft
Residential area
84,450 sq ft
Commercial area
5,009 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.53
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$477,450
Assessed total value
$3,204,000
Exempt value
$2,729,520
Assessed per residential unit
$25,632

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
Ridgewood
ZIP code
11385
Community district
Queens 5
Council district
34
Coordinates
40.711316, -73.917452
05

Other buildings in Ridgewood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1614 MADISON STREETD19020150-
62-02 CATALPA AVENUEC18119280-
60-30 MADISON STREETC16419310-
60-40 MADISON STREETC16419300-
71-05 FRESH POND ROADR264199179$530k
17-11 HANCOCK STREETD16020220-
69-30 62 STREETC15619290-
71-13 60 LANED35519301-
803 WYCKOFF AVENUED15420160-
55-27 MYRTLE AVENUED65019150-
1635 PUTNAM AVENUEC14919290-
1615 PUTNAM AVENUEC14819271-

Every building on file in Ridgewood