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Brooklyn / East Flatbush-Erasmus / 11226

271 LENOX ROAD

Boro3
Block5066
Lot68
BBL3050660068
Class D6
Residential units
55
Units in total
57
Storeys
17
Year built
2016
Last alteration on file
2006
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
25 Oct 2024$10,360,000-APARTMENT BUILDINGDEED
19 Mar 2019$10,000,000-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20241$10,360,000--
20191$10,000,000--
02

The building on the lot

Section through the lot

LOT 15,680 SQ FT17
Drawn from PLUTO: 17 storeys, 75,871 sq ft of building on 15,680 sq ft of lot, an average floor plate covering 28% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,680 sq ft
Building area
75,871 sq ft
Residential area
59,764 sq ft
Commercial area
16,107 sq ft
Office area
588 sq ft
Retail area
8,919 sq ft
Buildings on the lot
1
Built floor area ratio
4.84
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$705,600
Assessed total value
$8,662,500
Exempt value
$6,196,848
Assessed per residential unit
$157,500

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
East Flatbush-Erasmus
ZIP code
11226
Community district
Brooklyn 17
Council district
40
Coordinates
40.654433, -73.950456
05

Other buildings in East Flatbush-Erasmus

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
123 LINDEN BOULEVARDD646720170-
318 CLARKSON AVENUED625020160-
310 CLARKSON AVENUED617020150-
210 CLARKSON AVENUERM16520210-
222 LENOX ROADD616019624-
199 LINDEN BOULEVARDD114519273-
211 LINDEN BOULEVARDD114519275-
155 LINDEN BOULEVARDD114319510-
2363 BEDFORD AVENUED613220240-
310 LENOX ROADD41311963127$290k
118 CLARKSON AVENUED113019620-
3400 SNYDER AVENUED4129195683$240k

Every building on file in East Flatbush-Erasmus