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Brooklyn / Flatbush / 11226

2023 CATON AVENUE

Boro3
Block5062
Lot64
BBL3050620064
Class C1
Residential units
40
Units in total
40
Storeys
5
Year built
1925
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
19 Apr 2010$4,200,000-APARTMENT BUILDING2 lotsDEED
25 Jan 2007$3,800,000-APARTMENT BUILDINGRPTT&RET
23 Sep 2003$3,100,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20101$4,200,000--
20071$3,800,000--
20031$3,100,000--
02

The building on the lot

Section through the lot

LOT 11,900 SQ FT5
Drawn from PLUTO: 5 storeys, 45,500 sq ft of building on 11,900 sq ft of lot, an average floor plate covering 76% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,900 sq ft
Building area
45,500 sq ft
Residential area
45,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.82
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$267,750
Assessed total value
$1,404,900
Exempt value
$0
Assessed per residential unit
$35,123

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
Flatbush
ZIP code
11226
Community district
Brooklyn 14
Council district
40
Coordinates
40.652714, -73.960757
05

Other buildings in Flatbush

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
BEDFORD AVENUED635420240-
BEVERLY ROADD629620240-
800 FLATBUSH AVENUERM25520190-
1640 FLATBUSH AVENUED717120230-
2255 NOSTRAND AVENUED616320240-
18 WOODRUFF AVENUED116119550-
160 PARKSIDE AVENUED315819641-
21 LENOX ROADD615020250-
765 FLATBUSH AVENUED615020250-
1710 CORTELYOU ROADD713119601-
45 WOODRUFF AVENUED313120150-
777 EAST 31 STREETD112519610-

Every building on file in Flatbush