Residential units
42
Units in total
42
Storeys
4
Year built
1926
Last alteration on file
-
Recorded transfers
2 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 22 Mar 2011 | $5,016,810 | - | APARTMENT BUILDING | DEED |
| 24 Jan 2006 | $3,826,258 | - | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2011 | 1 | $5,016,810 | - | - |
| 2006 | 1 | $3,826,258 | - | - |
02
The building on the lot
Section through the lot
Lot area
13,000 sq ft
Building area
29,780 sq ft
Residential area
29,780 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.29
Residential FAR permitted
4
Zoning district
R7A
03
Assessment
Assessed land value
$230,400
Assessed total value
$1,103,850
Exempt value
$0
Assessed per residential unit
$26,282
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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Madison
ZIP code
11229
Community district
Brooklyn 15
Council district
48
Coordinates
40.599859, -73.951912
05
Other buildings in Madison
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 3301 NOSTRAND AVENUE | D1 | 214 | 1960 | 1 | - |
| 3280 NOSTRAND AVENUE | D7 | 177 | 1961 | 1 | - |
| 2425 KINGS HIGHWAY | D4 | 137 | 1932 | 52 | $356k |
| 1900 QUENTIN ROAD | D4 | 124 | 1939 | 68 | $347k |
| 2350 OCEAN AVENUE | D3 | 110 | 1974 | 2 | - |
| 3165 NOSTRAND AVENUE | D4 | 108 | 1953 | 124 | $250k |
| 3203 NOSTRAND AVENUE | D4 | 108 | 1958 | 108 | $218k |
| 2702 KINGS HIGHWAY | D1 | 107 | 1937 | 0 | - |
| 1970 EAST 18 STREET | D1 | 106 | 1931 | 0 | - |
| 2200 OCEAN AVENUE | D1 | 106 | 1952 | 0 | - |
| 2450 OCEAN AVENUE | D3 | 105 | 2018 | 1 | - |
| 1717 EAST 18 STREET | D4 | 103 | 1957 | 91 | $415k |