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Queens / St. Albans / 11412

187-04 120 AVENUE

Boro4
Block12458
Lot421
BBL4124580421
Class C9
Residential units
77
Units in total
77
Storeys
2
Year built
1949
Last alteration on file
1984
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
3 Feb 2016$14,500,000-APARTMENT BUILDINGDEED
30 Dec 2014$14,500,000-APARTMENT BUILDINGRPTT&RET
1 May 2003$6,500,000-APARTMENT BUILDINGDEEDO
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20161$14,500,000--
20141$14,500,000--
20031$6,500,000--
02

The building on the lot

Section through the lot

LOT 86,500 SQ FT2
Drawn from PLUTO: 2 storeys, 71,000 sq ft of building on 86,500 sq ft of lot, an average floor plate covering 41% of it. PLUTO records 26 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
86,500 sq ft
Building area
71,000 sq ft
Residential area
71,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
26
Built floor area ratio
0.82
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$983,250
Assessed total value
$3,026,700
Exempt value
$3,026,700
Assessed per residential unit
$39,308

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
C9GARDEN APARTMENTS
Neighbourhood
St. Albans
ZIP code
11412
Community district
Queens 12
Council district
27
Coordinates
40.685839, -73.761844
05

Other buildings in St. Albans

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
104-25 195 STREETD18919290-
123-27 MERRICK BOULEVARDC680197219$36k
118-35 FARMERS BOULEVARDRM6620160-
102-01 186 STREETC15619513-
102-02 185 STREETC15619503-
102-02 186TH STREETC15619503-
121-30 FARMERS BOULEVARDC93419493-
186-08 120 ROADC93419493-
102-01 185 STREETC13019493-
102-31 184 STREETC92619482-
102-04 184 STREETC92419482-
102-34 184 STREETC92419462-

Every building on file in St. Albans