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Brooklyn / Madison / 11229

2035 EAST 16 STREET

Boro3
Block7321
Lot66
BBL3073210066
Class D1
Residential units
65
Units in total
65
Storeys
6
Year built
1960
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
10 Feb 2003$5,000,000-APARTMENT BUILDINGDEEDO
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.
02

The building on the lot

Section through the lot

LOT 14,000 SQ FT6
Drawn from PLUTO: 6 storeys, 46,200 sq ft of building on 14,000 sq ft of lot, an average floor plate covering 55% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
14,000 sq ft
Building area
46,200 sq ft
Residential area
46,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.3
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$245,700
Assessed total value
$2,321,550
Exempt value
$0
Assessed per residential unit
$35,716

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
Madison
ZIP code
11229
Community district
Brooklyn 15
Council district
48
Coordinates
40.600366, -73.955455
05

Other buildings in Madison

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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1900 QUENTIN ROADD4124193968$347k
2350 OCEAN AVENUED311019742-
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3203 NOSTRAND AVENUED41081958108$218k
2702 KINGS HIGHWAYD110719370-
1970 EAST 18 STREETD110619310-
2200 OCEAN AVENUED110619520-
2450 OCEAN AVENUED310520181-
1717 EAST 18 STREETD4103195791$415k

Every building on file in Madison