apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Brooklyn / Williamsburg / 11211

242 SOUTH 3 STREET

Boro3
Block2434
Lot6
BBL3024340006
Class C7
Residential units
25
Units in total
30
Storeys
6
Year built
1912
Last alteration on file
1996
Recorded transfers
4 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
13 Nov 2024$5,250,000-APARTMENT BUILDINGDEED
14 Jul 2016$18,000,000-APARTMENT BUILDINGDEED
22 Jan 2015$13,834,548-APARTMENT BUILDINGDEED
1 Oct 2012$7,100,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20241$5,250,000--
20161$18,000,000--
20151$13,834,548--
20121$7,100,000--
02

The building on the lot

Section through the lot

LOT 3,705 SQ FT6
Drawn from PLUTO: 6 storeys, 19,890 sq ft of building on 3,705 sq ft of lot, an average floor plate covering 89% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,705 sq ft
Building area
19,890 sq ft
Residential area
16,890 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
5.37
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$166,950
Assessed total value
$1,751,400
Exempt value
$0
Assessed per residential unit
$70,056

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.710616, -73.957971
05

Other buildings in Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
420 KENT AVENUED760520161-
2 NORTH 6 STREETD855420170-
1 NORTH 4 PLACED850920160-
11 WHARF WAYRM487202360$1.33m
346 KENT AVENUERM4622022118$2.69m
22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg