Residential units
54
Units in total
54
Storeys
6
Year built
1939
Last alteration on file
2014
Recorded transfers
8 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 |
|---|---|---|---|---|
| 16 Aug 2022 | $200,000 | 2F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Jul 2015 | $365,000 | 3H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Aug 2008 | $197,730 | 2G | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 4 Jun 2008 | $206,000 | 4J | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 6 Nov 2007 | $290,000 | 6H | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Jan 2007 | $185,000 | 1F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 May 2006 | $130,000 | 6D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Dec 2004 | $125,000 | 1F | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
- 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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2022 | 1 | $200,000 | - | - |
| 2015 | 1 | $365,000 | - | - |
| 2008 | 2 | $201,865 | $197,730 | $206,000 |
| 2007 | 2 | $237,500 | $185,000 | $290,000 |
| 2006 | 1 | $130,000 | - | - |
| 2004 | 1 | $125,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
12,500 sq ft
Building area
53,333 sq ft
Residential area
53,333 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.27
Residential FAR permitted
4
Zoning district
R7A
03
Assessment
Assessed land value
$253,350
Assessed total value
$1,939,950
Exempt value
$22,100
Assessed per residential unit
$35,925
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
Midwood
ZIP code
11230
Community district
Brooklyn 14
Council district
44
Coordinates
40.616313, -73.95548
05
Other buildings in Midwood
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1263 EAST 14 STREET | D6 | 302 | 2017 | 1 | - |
| 1401 OCEAN AVENUE | D4 | 184 | 1963 | 110 | $750k |
| 1255 EAST 19 STREET | D3 | 144 | 1959 | 0 | - |
| 2400 NOSTRAND AVENUE | D1 | 133 | 1955 | 3 | - |
| 1615 AVENUE I | D4 | 132 | 1941 | 134 | $440k |
| 920 EAST 17 STREET | D4 | 132 | 1948 | 111 | $425k |
| 1602 AVENUE I | D4 | 129 | 1941 | 56 | $377k |
| 1219 AVENUE O | D1 | 120 | 1985 | 2 | - |
| 1818 OCEAN AVENUE | D1 | 120 | 1949 | 0 | - |
| 2525 NOSTRAND AVENUE | D4 | 114 | 1953 | 68 | $309k |
| 1641 OCEAN AVENUE | D1 | 113 | 1926 | 0 | - |
| 2501 NOSTRAND AVENUE | D7 | 112 | 1953 | 2 | - |