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Queens / Jamaica Estates-Holliswood / 11423

188-30 87 DRIVE

Boro4
Block10499
Lot83
BBL4104990083
Class D1
Residential units
95
Units in total
95
Storeys
6
Year built
1950
Last alteration on file
-
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
27 Mar 2017$20,900,000-APARTMENT BUILDINGDEED
5 Dec 2013$12,731,863-APARTMENT BUILDINGDEED
18 Oct 2006$10,178,648-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20171$20,900,000--
20131$12,731,863--
20061$10,178,648--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 37,400 SQ FT6
Drawn from PLUTO: 6 storeys, 68,466 sq ft of building on 37,400 sq ft of lot, an average floor plate covering 31% of it. The dashed outline is the difference between the floor area ratio already built (1.83) and the residential floor area ratio of the zoning district (3). It is a diagram of recorded figures, not a picture of the building.
Lot area
37,400 sq ft
Building area
68,466 sq ft
Residential area
68,466 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.83
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$673,200
Assessed total value
$3,796,200
Exempt value
$1,434,130
Assessed per residential unit
$39,960

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
11423
Community district
Queens 8
Council district
23
Coordinates
40.715922, -73.772523
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