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Brooklyn / Prospect Heights / 11238

195 UNDERHILL AVENUE

Boro3
Block1173
Lot7
BBL3011730007
Class D1
Residential units
36
Units in total
36
Storeys
6
Year built
1940
Last alteration on file
-
Recorded transfers
1 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
31 Dec 2020$8,200,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 4,992 SQ FT6
Drawn from PLUTO: 6 storeys, 24,000 sq ft of building on 4,992 sq ft of lot, an average floor plate covering 80% of it. The dashed outline is the difference between the floor area ratio already built (4.81) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,992 sq ft
Building area
24,000 sq ft
Residential area
24,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.81
Residential FAR permitted
6.02
Zoning district
R8X
03

Assessment

Assessed land value
$112,500
Assessed total value
$1,631,700
Exempt value
$0
Assessed per residential unit
$45,325

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
Prospect Heights
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.674891, -73.966451
05

Other buildings in Prospect Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
595 DEAN STREETRM79820210-
662 PACIFIC STREETRM31220190-
535 CARLTON AVENUERM29720151-
550 VANDERBILT AVENUERM2782015363$1.11m
870 ATLANTIC AVED718920240-
135 EASTERN PARKWAYD41861926172$1.92m
700 PACIFIC STREETRM1682002284$1.27m
PACIFIC STREETD611320190-
500 ST JOHNS PLACED111219310-
34 PLAZA ST EASTD4111195699$730k
201 EASTERN PARKWAYD710019240-
1 GRAND ARMY PLAZARM942006176$1.88m

Every building on file in Prospect Heights