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Brooklyn / Downtown Brooklyn-DUMBO-Boerum Hill / 11201

254 WATER STREET

Boro3
Block42
Lot18
BBL3000420018
Class D1
Residential units
26
Units in total
26
Storeys
5
Year built
2002
Last alteration on file
2020
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.

RecordedConsiderationUnitWhat transferredInstrument
7 Aug 2025$20,300,000-APARTMENT BUILDINGDEED
19 Sep 2019$15,000,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20251$20,300,000--
20191$15,000,000--
02

The building on the lot

Section through the lot

LOT 12,400 SQ FT5
Drawn from PLUTO: 5 storeys, 28,358 sq ft of building on 12,400 sq ft of lot, an average floor plate covering 46% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,400 sq ft
Building area
28,358 sq ft
Residential area
28,358 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.29
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$168,750
Assessed total value
$2,372,850
Exempt value
$0
Assessed per residential unit
$91,263

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Downtown Brooklyn-DUMBO-Boerum Hill
ZIP code
11201
Community district
Brooklyn 2
Council district
33
Coordinates
40.702798, -73.983456
05

Other buildings in Downtown Brooklyn-DUMBO-Boerum Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
175 ADAMS STREETD41,0221950928$563k
100 WILLOUGHBY STREETRM82620140-
350 LIVINGSTON STREETD775020141-
85 JAY STREETRM7272018328$1.88m
33 BOND STREETRM71420150-
7 DEKALB AVENUERM69020110-
343 GOLD STREETD763120110-
MYRTLE AVENUED154219390-
9 DEKALB AVENUERM541202146$1.44m
111 LAWRENCE STREETD749220090-
90 SANDS STREETD949119920-
11 HOYT STREETRM4802018599$1.42m

Every building on file in Downtown Brooklyn-DUMBO-Boerum Hill