Brooklyn / Gravesend (East)-Homecrest / 11229
1877 EAST 12 STREET
Boro3
Block6818
Lot65
BBL3068180065
Residential units
48
Units in total
48
Storeys
6
Year built
1955
Last alteration on file
-
Recorded transfers
32 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 27 Nov 2023 | $260,000 | 2F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 May 2023 | $230,000 | 2E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Apr 2022 | $269,000 | 6H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Feb 2022 | $395,000 | 6G | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Dec 2021 | $380,000 | 2G | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 13 Jul 2021 | $380,000 | 6G | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Aug 2019 | $365,000 | 2A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Jul 2019 | $400,000 | 3C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Jul 2019 | $235,000 | 6B | ADJACENT COOPERATIVE UNIT TO BE COMBINED | RPTT&RET |
| 26 Aug 2015 | $151,000 | 4F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 May 2014 | $176,000 | 1H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Apr 2014 | $183,000 | 5F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 13 Mar 2013 | $164,350 | 4H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Feb 2012 | $90,000 | 3D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 4 Aug 2010 | $165,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 May 2010 | $170,000 | 5B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 9 Jul 2009 | $257,000 | 49 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Jun 2008 | $168,000 | 1B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Feb 2008 | $102,000 | 5D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 21 Nov 2007 | $175,000 | 1A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 21 Nov 2007 | $260,000 | 6A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Jun 2006 | $280,000 | 1G | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 14 Nov 2005 | $163,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Jul 2005 | $167,000 | 6H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Mar 2005 | $180,000 | 4E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 Feb 2005 | $140,000 | 3F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Dec 2004 | $250,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Oct 2004 | $24,000 | 4F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 7 Sep 2004 | $112,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 7 Sep 2004 | $105,000 | 5B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jun 2004 | $122,000 | 2H | SINGLE RESIDENTIAL COOP UNIT | RPTT |
| 11 Jun 2004 | $220,000 | 6G | SINGLE RESIDENTIAL COOP UNIT | RPTT |
- 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.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 2 | $245,000 | $230,000 | $260,000 |
| 2022 | 2 | $332,000 | $269,000 | $395,000 |
| 2021 | 2 | $380,000 | $380,000 | $380,000 |
| 2019 | 3 | $365,000 | $235,000 | $400,000 |
| 2015 | 1 | $151,000 | - | - |
| 2014 | 2 | $179,500 | $176,000 | $183,000 |
| 2013 | 1 | $164,350 | - | - |
| 2012 | 1 | $90,000 | - | - |
| 2010 | 2 | $167,500 | $165,000 | $170,000 |
| 2009 | 1 | $257,000 | - | - |
| 2008 | 2 | $135,000 | $102,000 | $168,000 |
| 2007 | 2 | $217,500 | $175,000 | $260,000 |
| 2006 | 1 | $280,000 | - | - |
| 2005 | 4 | $165,000 | $140,000 | $180,000 |
| 2004 | 6 | $117,000 | $24,000 | $250,000 |
02
The building on the lot
Section through the lot
Lot area
12,800 sq ft
Building area
53,500 sq ft
Residential area
53,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.18
Residential FAR permitted
1.5
Zoning district
R5B
03
Assessment
Assessed land value
$198,900
Assessed total value
$2,617,200
Exempt value
$72,635
Assessed per residential unit
$54,525
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
D4ELEVATOR COOPERATIVE
Neighbourhood
Gravesend (East)-Homecrest
ZIP code
11229
Community district
Brooklyn 15
Council district
48
Coordinates
40.603653, -73.960199
05
Other buildings in Gravesend (East)-Homecrest
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1213 AVENUE Z | D4 | 250 | 1960 | 180 | $340k |
| 2400 EAST 3 STREET | D4 | 180 | 1957 | 132 | $328k |
| 367 AVENUE S | D4 | 156 | 1950 | 145 | $244k |
| 1230 AVENUE Y | D1 | 145 | 1961 | 1 | - |
| 1245 AVENUE X | D1 | 135 | 1963 | 1 | - |
| 2375 EAST 3 STREET | D1 | 135 | 1957 | 1 | - |
| 1237 AVENUE Z | D4 | 128 | 1958 | 87 | $313k |
| 1840 EAST 13 STREET | D4 | 125 | 1954 | 87 | $260k |
| 1628 OCEAN PARKWAY | D1 | 124 | 1928 | 2 | - |
| 2365 EAST 13 STREET | D1 | 124 | 1960 | 0 | - |
| 2355 EAST 12 STREET | D1 | 121 | 1963 | 1 | - |
| 2250 EAST 4 STREET | D1 | 115 | 1962 | 0 | - |