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Brooklyn / Madison / 11229

2306 OCEAN AVENUE

Boro3
Block6825
Lot27
BBL3068250027
Class D1
Residential units
72
Units in total
72
Storeys
6
Year built
1935
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
5 Nov 2015$15,600,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 19,703 SQ FT6
Drawn from PLUTO: 6 storeys, 84,375 sq ft of building on 19,703 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
19,703 sq ft
Building area
84,375 sq ft
Residential area
84,375 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.28
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$309,150
Assessed total value
$1,579,050
Exempt value
$0
Assessed per residential unit
$21,931

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
40.605171, -73.952959
05

Other buildings in Madison

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3301 NOSTRAND AVENUED121419601-
3280 NOSTRAND AVENUED717719611-
2425 KINGS HIGHWAYD4137193252$356k
1900 QUENTIN ROADD4124193968$347k
2350 OCEAN AVENUED311019742-
3165 NOSTRAND AVENUED41081953124$250k
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