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Brooklyn / Bedford-Stuyvesant (East) / 11216

20 ALBANY AVENUE

Boro3
Block1858
Lot24
BBL3018580024
Class C1
Residential units
28
Units in total
28
Storeys
4
Year built
1904
Last alteration on file
1982
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
21 Oct 2020$15,000,000-APARTMENT BUILDINGDEED
20 Dec 2007$6,865,622-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20201$15,000,000--
20071$6,865,622--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 18,352 SQ FT4
Drawn from PLUTO: 4 storeys, 37,620 sq ft of building on 18,352 sq ft of lot, an average floor plate covering 51% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.05) 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
18,352 sq ft
Building area
37,620 sq ft
Residential area
37,620 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.05
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$123,750
Assessed total value
$656,550
Exempt value
$656,550
Assessed per residential unit
$23,448

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
Bedford-Stuyvesant (East)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.680451, -73.938759
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)