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Brooklyn / Brownsville / 11212

251 CHESTER STREET

Boro3
Block3560
Lot1
BBL3035600001
Class D6
Residential units
109
Units in total
110
Storeys
8
Year built
2024
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
16 Dec 2014$98,676,252-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 25,123 SQ FT8
Drawn from PLUTO: 8 storeys, 118,066 sq ft of building on 25,123 sq ft of lot, an average floor plate covering 59% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
25,123 sq ft
Building area
118,066 sq ft
Residential area
118,066 sq ft
Commercial area
3,529 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.7
Residential FAR permitted
0
Zoning district
-
03

Assessment

Assessed land value
$1,248,750
Assessed total value
$8,880,750
Exempt value
$8,880,750
Assessed per residential unit
$81,475

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Brownsville
ZIP code
11212
Community district
Brooklyn 16
Council district
41
Coordinates
40.664419, -73.910085
05

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Every building on file in Brownsville