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Brooklyn / South Williamsburg / 11206

248 WALLABOUT STREET

Boro3
Block2264
Lot7507
BBL3022647507
Class R4
Residential units
28
Units in total
28
Storeys
8
Year built
2001
Last alteration on file
-
Recorded transfers
19 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
9 Feb 2022$320,0004DSINGLE RESIDENTIAL CONDO UNITDEED
14 Dec 2021$300,0002CSINGLE RESIDENTIAL CONDO UNITDEED
14 Apr 2021$800,0002DSINGLE RESIDENTIAL CONDO UNITDEED
14 Oct 2020$817,1466ASINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2020$107ASINGLE RESIDENTIAL CONDO UNITDEED
6 Sep 2018$650,0001CSINGLE RESIDENTIAL CONDO UNITDEED
29 Jun 2016$580,0001BSINGLE RESIDENTIAL CONDO UNITDEED
11 Nov 2014$340,0002DSINGLE RESIDENTIAL CONDO UNITDEED
15 May 2014$350,0003ASINGLE RESIDENTIAL CONDO UNITDEED
11 Feb 2014$499,0006ASINGLE RESIDENTIAL CONDO UNITDEED
20 Jan 2014$499,0006BSINGLE RESIDENTIAL CONDO UNITDEED
1 Sep 2011$200,0002BSINGLE RESIDENTIAL CONDO UNITDEED
3 Feb 2010$380,0001DSINGLE RESIDENTIAL CONDO UNITDEED
19 Nov 2009$103BSINGLE RESIDENTIAL CONDO UNITDEED
16 Oct 2007$250,0001ASINGLE RESIDENTIAL CONDO UNITDEED
14 Nov 2003$400,0007ASINGLE RESIDENTIAL CONDO UNITDEED
28 Oct 2003$180,0003CSINGLE RESIDENTIAL CONDO UNITDEED
20 Feb 2003$290,0007DSINGLE RESIDENTIAL CONDO UNITDEED
12 Feb 2003$300,0001CSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$320,000--
20212$550,000$300,000$800,000
20202$408,578$10$817,146
20181$650,000--
20161$580,000--
20144$424,500$340,000$499,000
20111$200,000--
20101$380,000--
20091$10--
20071$250,000--
20034$295,000$180,000$400,000
02

The building on the lot

Section through the lot

LOT 7,500 SQ FT8
Drawn from PLUTO: 8 storeys, 33,091 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 55% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
33,091 sq ft
Residential area
33,091 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.41
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$74,255
Assessed total value
$3,113,564
Exempt value
$0
Assessed per residential unit
$111,199

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
R4CONDO; RESIDENTIAL UNIT IN ELEVATOR BLDG.
Neighbourhood
South Williamsburg
ZIP code
11206
Community district
Brooklyn 1
Council district
33
Coordinates
40.699976, -73.95286
05

Other buildings in South Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
555 WYTHE AVENUED764719750-
111 CLYMER STREETD653419741-
88 THROOP AVENUERM14020220-
626 WYTHE AVENUED113819740-
UNION AVENUED712020220-
157 WALLABOUT STREETD111520020-
2 LEE AVENUERM112199839$800k
55 ROSS STREETD110819740-
70 CLYMER STREETD110319740-
755 KENT AVENUERM99201448$1000k
120 UNION AVENUED69620151-
30 TAYLOR STREETD18819740-

Every building on file in South Williamsburg