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Brooklyn / Madison / 11229

2350 OCEAN AVENUE

Boro3
Block6825
Lot37
BBL3068250037
Class D3
Residential units
110
Units in total
110
Storeys
11
Year built
1974
Last alteration on file
-
Recorded transfers
2 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
3 May 2023$807,008-APARTMENT BUILDINGRPTT&RET
3 May 2023$807,008-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 34,007 SQ FT11
Drawn from PLUTO: 11 storeys, 130,842 sq ft of building on 34,007 sq ft of lot, an average floor plate covering 35% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
34,007 sq ft
Building area
130,842 sq ft
Residential area
130,842 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.85
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$531,450
Assessed total value
$6,506,550
Exempt value
$0
Assessed per residential unit
$59,150

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Madison
ZIP code
11229
Community district
Brooklyn 15
Council district
48
Coordinates
40.604446, -73.952791
05

Other buildings in Madison

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3301 NOSTRAND AVENUED121419601-
3280 NOSTRAND AVENUED717719611-
2425 KINGS HIGHWAYD4137193252$356k
1900 QUENTIN ROADD4124193968$347k
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
1610 AVENUE PD4100193352$328k

Every building on file in Madison