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Queens / Old Astoria-Hallets Point / 11102

25-54 12 STREET

Boro4
Block904
Lot7501
BBL4009047501
Class RM
Residential units
20
Units in total
35
Storeys
6
Year built
1996
Last alteration on file
-
Recorded transfers
10 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
2 Jul 2019$855,0002ASINGLE RESIDENTIAL CONDO UNITDEED
6 Jun 2018$537,0006BSINGLE RESIDENTIAL CONDO UNITDEED
27 Jul 2016$750,0005ASINGLE RESIDENTIAL CONDO UNITDEED
4 Sep 2014$638,0002ASINGLE RESIDENTIAL CONDO UNITDEED
2 Sep 2010$575,0002ASINGLE RESIDENTIAL CONDO UNITDEED
22 Jun 2006$402,0006ASINGLE RESIDENTIAL CONDO UNITDEED
6 Mar 2006$280,0004BSINGLE RESIDENTIAL CONDO UNITDEED
31 Jan 2005$377,5006DSINGLE RESIDENTIAL CONDO UNITDEED
9 Sep 2003$330,0002ASINGLE RESIDENTIAL CONDO UNITDEED
14 May 2003$249,0005CSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20191$855,000--
20181$537,000--
20161$750,000--
20141$638,000--
20101$575,000--
20062$341,000$280,000$402,000
20051$377,500--
20032$289,500$249,000$330,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 11,301 SQ FT6
Drawn from PLUTO: 6 storeys, 19,673 sq ft of building on 11,301 sq ft of lot, an average floor plate covering 29% of it. The dashed outline is the difference between the floor area ratio already built (1.74) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,301 sq ft
Building area
19,673 sq ft
Residential area
17,250 sq ft
Commercial area
2,423 sq ft
Office area
740 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.74
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$156,151
Assessed total value
$1,555,316
Exempt value
$42,288
Assessed per residential unit
$77,766

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
Old Astoria-Hallets Point
ZIP code
11102
Community district
Queens 1
Council district
22
Coordinates
40.775337, -73.92936

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 Old Astoria-Hallets Point

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
4 1 STREETD11,10419500-
25-40 SHORE BOULEVARDR44091989397$705k
1-02 26 AVENUERM40420160-
26-50 1ST STREETD629420230-
11-12 30 DRIVED126620212-
12-15 BROADWAYR4214201197$599k
4-21 27 AVENUED120819691-
810 12 AVENUED117119720-
26-25 4 STREETD316520220-
3-24 27TH AVENUED316320210-
11-28 30 DRIVED115120212-
11-37 31ST AVENUED114020212-

Every building on file in Old Astoria-Hallets Point