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Brooklyn / Cypress Hills / 11208

254 EUCLID AVENUE

Recorded on the Digital Tax Map as ATLANTIC CHESTNUT II CONDOMINIUM.

Boro3
Block4143
Lot7502
BBL3041437502
Class RM
Residential units
436
Units in total
437
Storeys
14
Year built
2023
Last alteration on file
2023
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 75,111 SQ FT14
Drawn from PLUTO: 14 storeys, 331,783 sq ft of building on 75,111 sq ft of lot, an average floor plate covering 32% of it. The dashed outline is the difference between the floor area ratio already built (4.42) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
75,111 sq ft
Building area
331,783 sq ft
Residential area
327,261 sq ft
Commercial area
4,522 sq ft
Office area
-
Retail area
4,522 sq ft
Buildings on the lot
1
Built floor area ratio
4.42
Residential FAR permitted
6.02
Zoning district
M1-4/R8A
03

Assessment

Assessed land value
$2,856,600
Assessed total value
$24,665,401
Exempt value
$24,665,401
Assessed per residential unit
$56,572

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
Cypress Hills
ZIP code
11208
Community district
Brooklyn 5
Council district
37
Coordinates
40.681903, -73.874468

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 Cypress Hills

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
250 EUCLID AVENUERM40320220-
2864 ATLANTIC AVENUED718320230-
2667 FULTON STREETD611020240-
3002 ATLANTIC AVENUED610020180-
220 HIGHLAND BOULEVARDD19419280-
224 HIGHLAND BOULEVARDD488194025$278k
200 HIGHLAND BOULEVARDD16619400-
2715 FULTON STREETD66020220-
87 EUCLID AVENUEC16019272-
371 ETNA STREETC15619271-
137 JAMAICA AVENUED15420160-
233 JAMAICA AVENUED15419630-

Every building on file in Cypress Hills