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Brooklyn / Madison / 11229

2388 OCEAN AVENUE

Boro3
Block7298
Lot7503
BBL3072987503
Class RM
Residential units
21
Units in total
42
Storeys
6
Year built
2006
Last alteration on file
2005
Recorded transfers
41 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
15 Nov 2022$655,00010SINGLE RESIDENTIAL CONDO UNITDEED
6 Jan 2022$745,0003SINGLE RESIDENTIAL CONDO UNITDEED
3 Dec 2021$645,0001SINGLE RESIDENTIAL CONDO UNITDEED
30 Nov 2021$530,00017SINGLE RESIDENTIAL CONDO UNITDEED
12 Nov 2021$617,00021SINGLE RESIDENTIAL CONDO UNITDEED
4 Aug 2021$600,0007SINGLE RESIDENTIAL CONDO UNITDEED
7 Apr 2021$590,0004SINGLE RESIDENTIAL CONDO UNITDEED
27 Jun 2019$620,00011SINGLE RESIDENTIAL CONDO UNITDEED
27 Feb 2019$635,00015SINGLE RESIDENTIAL CONDO UNITDEED
5 Dec 2018$109SINGLE RESIDENTIAL CONDO UNITDEED
5 Dec 2018$109SINGLE RESIDENTIAL CONDO UNITDEED
21 Aug 2018$500,00020SINGLE RESIDENTIAL CONDO UNITDEED
11 Jul 2018$1021SINGLE RESIDENTIAL CONDO UNITDEED
14 Sep 2017$475,0008SINGLE RESIDENTIAL CONDO UNITDEED
17 Mar 2017$605,0002SINGLE RESIDENTIAL CONDO UNITDEED
25 May 2016$491,79017SINGLE RESIDENTIAL CONDO UNITDEED
17 May 2016$491,79019SINGLE RESIDENTIAL CONDO UNITDEED
29 Apr 2016$473,0009SINGLE RESIDENTIAL CONDO UNITDEED
18 Jun 2015$560,0383SINGLE RESIDENTIAL CONDO UNITDEED
1 Jun 2015$466,44018SINGLE RESIDENTIAL CONDO UNITDEED
12 May 2015$575,31112SINGLE RESIDENTIAL CONDO UNITDEED
21 Mar 2014$540,0005SINGLE RESIDENTIAL CONDO UNITDEED
12 Mar 2014$430,0009SINGLE RESIDENTIAL CONDO UNITDEED
12 Mar 2014$218,4009SINGLE RESIDENTIAL CONDO UNITDEED
23 May 2012$460,00015SINGLE RESIDENTIAL CONDO UNITDEED
20 Apr 2012$415,74020SINGLE RESIDENTIAL CONDO UNITDEED
27 Feb 2012$418,00011SINGLE RESIDENTIAL CONDO UNITDEED
14 Jan 2011$414,5001SINGLE RESIDENTIAL CONDO UNITDEED
30 Jun 2009$415,7402SINGLE RESIDENTIAL CONDO UNITDEED
23 Feb 2009$342,2258SINGLE RESIDENTIAL CONDO UNITDEED
15 Jan 2009$441,09021SINGLE RESIDENTIAL CONDO UNITDEED
7 Nov 2008$319,4107SINGLE RESIDENTIAL CONDO UNITDEED
28 Jul 2008$539,67313SINGLE RESIDENTIAL CONDO UNITDEED
18 Jun 2008$451,2304SINGLE RESIDENTIAL CONDO UNITDEED
29 May 2008$430,95015SINGLE RESIDENTIAL CONDO UNITDEED
9 May 2008$405,60014SINGLE RESIDENTIAL CONDO UNITDEED
29 Apr 2008$380,2509SINGLE RESIDENTIAL CONDO UNITDEED
25 Apr 2008$385,41511SINGLE RESIDENTIAL CONDO UNITDEED
14 Apr 2008$373,1526SINGLE RESIDENTIAL CONDO UNITDEED
31 Mar 2008$395,46010SINGLE RESIDENTIAL CONDO UNITDEED
41 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20222$700,000$655,000$745,000
20215$600,000$530,000$645,000
20192$627,500$620,000$635,000
20184$10$10$500,000
20172$540,000$475,000$605,000
20163$491,790$473,000$491,790
20153$560,038$466,440$575,311
20143$430,000$218,400$540,000
20123$418,000$415,740$460,000
20111$414,500--
20093$415,740$342,225$441,090
200810$400,530$319,410$539,673
02

The building on the lot

Section through the lot

LOT 8,383 SQ FT6
Drawn from PLUTO: 6 storeys, 28,543 sq ft of building on 8,383 sq ft of lot, an average floor plate covering 57% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,383 sq ft
Building area
28,543 sq ft
Residential area
23,692 sq ft
Commercial area
4,851 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.4
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$150,753
Assessed total value
$1,689,885
Exempt value
$0
Assessed per residential unit
$80,471

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
RM
Neighbourhood
Madison
ZIP code
11229
Community district
Brooklyn 15
Council district
48
Coordinates
40.603274, -73.952554

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

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