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Brooklyn / Downtown Brooklyn-DUMBO-Boerum Hill / 11201

220 WATER STREET

Boro3
Block41
Lot17
BBL3000410017
Class D7DUMBO Historic District
Residential units
135
Units in total
136
Storeys
7
Year built
1900
Last alteration on file
2006
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
1 Aug 2018$1,826,974-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 44,000 SQ FT7
Drawn from PLUTO: 7 storeys, 173,457 sq ft of building on 44,000 sq ft of lot, an average floor plate covering 56% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
44,000 sq ft
Building area
173,457 sq ft
Residential area
156,077 sq ft
Commercial area
17,380 sq ft
Office area
-
Retail area
5,000 sq ft
Buildings on the lot
1
Built floor area ratio
3.94
Residential FAR permitted
4
Zoning district
M1-4/R7A
03

Assessment

Assessed land value
$1,999,800
Assessed total value
$26,932,050
Exempt value
$4,564,749
Assessed per residential unit
$199,497

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Downtown Brooklyn-DUMBO-Boerum Hill
ZIP code
11201
Community district
Brooklyn 2
Council district
33
Coordinates
40.702718, -73.985184
05

Other buildings in Downtown Brooklyn-DUMBO-Boerum Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
175 ADAMS STREETD41,0221950928$563k
100 WILLOUGHBY STREETRM82620140-
350 LIVINGSTON STREETD775020141-
85 JAY STREETRM7272018328$1.88m
33 BOND STREETRM71420150-
7 DEKALB AVENUERM69020110-
343 GOLD STREETD763120110-
MYRTLE AVENUED154219390-
9 DEKALB AVENUERM541202146$1.44m
111 LAWRENCE STREETD749220090-
90 SANDS STREETD949119920-
11 HOYT STREETRM4802018599$1.42m

Every building on file in Downtown Brooklyn-DUMBO-Boerum Hill