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Brooklyn / Williamsburg / 11211

188 SOUTH 3 STREET

Boro3
Block2432
Lot12
BBL3024320012
Class C1
Residential units
41
Units in total
41
Storeys
6
Year built
1924
Last alteration on file
-
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
29 Aug 2006$5,020,00041APARTMENT BUILDINGDEED
14 Feb 2005$2,450,00041APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20061$5,020,000--
20051$2,450,000--
02

The building on the lot

Section through the lot

LOT 7,125 SQ FT6
Drawn from PLUTO: 6 storeys, 29,838 sq ft of building on 7,125 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,125 sq ft
Building area
29,838 sq ft
Residential area
29,838 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.19
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$320,850
Assessed total value
$3,079,800
Exempt value
$0
Assessed per residential unit
$75,117

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.711487, -73.960347
05

Other buildings in Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
420 KENT AVENUED760520161-
2 NORTH 6 STREETD855420170-
1 NORTH 4 PLACED850920160-
11 WHARF WAYRM487202360$1.33m
346 KENT AVENUERM4622022118$2.69m
22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg