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Brooklyn / Fort Greene / 11217

25 LAFAYETTE AVENUE

Boro3
Block2108
Lot21
BBL3021080021
Class D7
Residential units
35
Units in total
36
Storeys
6
Year built
1900
Last alteration on file
2009
Recorded transfers
3 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
24 Sep 2019$3,526,531-APARTMENT BUILDINGRPTT
17 Feb 2015$17,444,711-APARTMENT BUILDINGRPTT&RET
3 Dec 2007$7,050,000-APARTMENT BUILDINGDEED
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20191$3,526,531--
20151$17,444,711--
20071$7,050,000--
02

The building on the lot

Section through the lot

LOT 6,378 SQ FT6
Drawn from PLUTO: 6 storeys, 27,144 sq ft of building on 6,378 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,378 sq ft
Building area
27,144 sq ft
Residential area
25,308 sq ft
Commercial area
1,836 sq ft
Office area
-
Retail area
1,836 sq ft
Buildings on the lot
1
Built floor area ratio
4.26
Residential FAR permitted
3.44
Zoning district
C6-1
03

Assessment

Assessed land value
$342,450
Assessed total value
$3,091,050
Exempt value
$0
Assessed per residential unit
$88,316

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Fort Greene
ZIP code
11217
Community district
Brooklyn 2
Council district
35
Coordinates
40.687091, -73.977969
05

Other buildings in Fort Greene

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
625 FULTON STREETD61,05020220-
118 ST EDWARDS STREETD360019390-
589 FULTON STREETD659120230-
590 FULTON STREETRM58620151-
180 ASHLAND PLACED656920230-
240 WILLOUGHBY STREETD546319460-
86 FLEET PLACERM44020150-
300 ASHLAND PLACERM37920150-
80 DEKALB AVENUED736520112-
29 FLATBUSH AVENUERM32620121-
101 FLEET PLACED629420230-
130 ST EDWARDS STREETD42921957212$600k

Every building on file in Fort Greene