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Brooklyn / Gravesend (West) / 11214

268 BAY 38 STREET

Boro3
Block6928
Lot50
BBL3069280050
Class D1
Residential units
140
Units in total
140
Storeys
6
Year built
1963
Last alteration on file
-
Recorded transfers
5 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
28 Dec 2020$1,000,000-APARTMENT BUILDINGDEED
28 Dec 2020$1,000,000-APARTMENT BUILDINGDEED
28 Dec 2020$1,000,000-APARTMENT BUILDINGDEED
6 Jun 2011$20,535,742-APARTMENT BUILDINGDEED
12 Dec 2008$16,000,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20203$1,000,000$1,000,000$1,000,000
20111$20,535,742--
20081$16,000,000--
02

The building on the lot

Section through the lot

LOT 47,435 SQ FT6
Drawn from PLUTO: 6 storeys, 149,175 sq ft of building on 47,435 sq ft of lot, an average floor plate covering 52% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
47,435 sq ft
Building area
149,175 sq ft
Residential area
149,175 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.14
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$547,200
Assessed total value
$5,000,400
Exempt value
$0
Assessed per residential unit
$35,717

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
Gravesend (West)
ZIP code
11214
Community district
Brooklyn 11
Council district
47
Coordinates
40.592892, -73.994325
05

Other buildings in Gravesend (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2230 CROPSEY AVENUERM24820220-
8855 BAY PARKWAYD316419581-
2286 CROPSEY AVENUERM151201981$781k
225 AVENUE TD412519600-
8700 25 AVENUED712319632-
275 BAY 37 STREETD111219640-
1701 WEST 3 STREETD110719402-
2224 CROPSEY AVENUED110720230-
8645 BAY PARKWAYD110119500-
1780 WEST 3 STREETD19919620-
8301 BAY PARKWAYD19419281-
130 AVENUE PD18819320-

Every building on file in Gravesend (West)