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Staten Island / Oakwood-Richmondtown / 10306

25 BAY TERRACE

Boro5
Block5016
Lot5
BBL5050160005
Class C9
Residential units
65
Units in total
65
Storeys
2
Year built
1976
Last alteration on file
-
Recorded transfers
1 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
5 Apr 2016$845,000-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 86,500 SQ FT2
Drawn from PLUTO: 2 storeys, 43,018 sq ft of building on 86,500 sq ft of lot, an average floor plate covering 25% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (0.5) and the residential floor area ratio of the zoning district (0.75). It is a diagram of recorded figures, not a picture of the building.
Lot area
86,500 sq ft
Building area
43,018 sq ft
Residential area
43,018 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
0.5
Residential FAR permitted
0.75
Zoning district
R3-2
03

Assessment

Assessed land value
$973,350
Assessed total value
$1,851,750
Exempt value
$0
Assessed per residential unit
$28,488

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
C9GARDEN APARTMENTS
Neighbourhood
Oakwood-Richmondtown
ZIP code
10306
Community district
Staten Island 3
Council district
51
Coordinates
40.556611, -74.137431
05

Other buildings in Oakwood-Richmondtown

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2838 HYLAN BOULEVARDC98419502-
600 TYSENS LANEC95219502-
7 BENTON COURTC94319710-
242 MALDEN PLACEC94019502-
3150 RICHMOND ROADR330198735$293k
3180 AMBOY ROADC12319650-

Every building on file in Oakwood-Richmondtown