Residential units
60
Units in total
60
Storeys
6
Year built
1939
Last alteration on file
-
Recorded transfers
4 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 |
|---|---|---|---|---|
| 2 Jun 2016 | $18,000,000 | - | APARTMENT BUILDING | DEED |
| 3 Mar 2015 | $16,001,698 | 60 | APARTMENT BUILDING | DEED |
| 28 Dec 2011 | $7,434,510 | 60 | APARTMENT BUILDING | DEED |
| 6 Sep 2006 | $7,000,000 | 60 | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2016 | 1 | $18,000,000 | - | - |
| 2015 | 1 | $16,001,698 | - | - |
| 2011 | 1 | $7,434,510 | - | - |
| 2006 | 1 | $7,000,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
20,873 sq ft
Building area
57,552 sq ft
Residential area
57,552 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.76
Residential FAR permitted
1.5
Zoning district
R5
03
Assessment
Assessed land value
$371,700
Assessed total value
$3,038,400
Exempt value
$0
Assessed per residential unit
$50,640
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
40.597747, -73.953814
05
Other buildings in Madison
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 3301 NOSTRAND AVENUE | D1 | 214 | 1960 | 1 | - |
| 3280 NOSTRAND AVENUE | D7 | 177 | 1961 | 1 | - |
| 2425 KINGS HIGHWAY | D4 | 137 | 1932 | 52 | $356k |
| 1900 QUENTIN ROAD | D4 | 124 | 1939 | 68 | $347k |
| 2350 OCEAN AVENUE | D3 | 110 | 1974 | 2 | - |
| 3165 NOSTRAND AVENUE | D4 | 108 | 1953 | 124 | $250k |
| 3203 NOSTRAND AVENUE | D4 | 108 | 1958 | 108 | $218k |
| 2702 KINGS HIGHWAY | D1 | 107 | 1937 | 0 | - |
| 1970 EAST 18 STREET | D1 | 106 | 1931 | 0 | - |
| 2200 OCEAN AVENUE | D1 | 106 | 1952 | 0 | - |
| 2450 OCEAN AVENUE | D3 | 105 | 2018 | 1 | - |
| 1717 EAST 18 STREET | D4 | 103 | 1957 | 91 | $415k |