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 |
|---|---|---|---|---|
| 3 May 2023 | $807,008 | - | APARTMENT BUILDING | RPTT&RET |
| 3 May 2023 | $807,008 | - | APARTMENT BUILDING | RPTT&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.
The building on the lot
Section through the lot
Assessment
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.
Classification and location
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 |
| 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 |
| 1610 AVENUE P | D4 | 100 | 1933 | 52 | $328k |