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Brooklyn / Gravesend (West) / 11223

2720 86 STREET

Recorded on the Digital Tax Map as THE CORNELIA CONDOMINIUM.

Boro3
Block7116
Lot7501
BBL3071167501
Class RM
Residential units
20
Units in total
49
Storeys
5
Year built
2007
Last alteration on file
2019
Recorded transfers
25 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 Jun 2023$805,0004ASINGLE RESIDENTIAL CONDO UNITDEED
25 Oct 2021$645,0003GSINGLE RESIDENTIAL CONDO UNITDEED
21 Jan 2021$599,9992FSINGLE RESIDENTIAL CONDO UNITDEED
29 Dec 2020$740,0004ASINGLE RESIDENTIAL CONDO UNITDEED
8 Jul 2019$725,0002BSINGLE RESIDENTIAL CONDO UNITDEED
20 Sep 2017$655,0003CSINGLE RESIDENTIAL CONDO UNITDEED
12 Jun 2015$545,0002ESINGLE RESIDENTIAL CONDO UNITDEED
20 Jan 2015$508,0003FSINGLE RESIDENTIAL CONDO UNITDEED
15 Apr 2013$597,7134ASINGLE RESIDENTIAL CONDO UNITDEED
28 Nov 2011$456,3005ASINGLE RESIDENTIAL CONDO UNITDEED
24 Aug 2011$461,3703BSINGLE RESIDENTIAL CONDO UNITDEED
29 Jul 2011$481,6502BSINGLE RESIDENTIAL CONDO UNITDEED
7 Jun 2011$395,4602FSINGLE RESIDENTIAL CONDO UNITDEED
26 May 2011$395,4603ASINGLE RESIDENTIAL CONDO UNITDEED
28 Mar 2011$420,8102DSINGLE RESIDENTIAL CONDO UNITDEED
21 Mar 2011$476,5803ESINGLE RESIDENTIAL CONDO UNITDEED
18 Mar 2011$420,0003DSINGLE RESIDENTIAL CONDO UNITDEED
14 Mar 2011$443,0803CSINGLE RESIDENTIAL CONDO UNITDEED
10 Mar 2011$403,5722GSINGLE RESIDENTIAL CONDO UNITDEED
10 Mar 2011$390,3903GSINGLE RESIDENTIAL CONDO UNITDEED
23 Feb 2011$393,4322ASINGLE RESIDENTIAL CONDO UNITDEED
18 Feb 2011$413,2053FSINGLE RESIDENTIAL CONDO UNITDEED
16 Feb 2011$436,0202ESINGLE RESIDENTIAL CONDO UNITDEED
8 Feb 2011$466,4404CSINGLE RESIDENTIAL COOP UNITDEED
28 Jan 2011$425,8802CSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20231$805,000--
20212$622,500$599,999$645,000
20201$740,000--
20191$725,000--
20171$655,000--
20152$526,500$508,000$545,000
20131$597,713--
201116$423,345$390,390$481,650
02

The building on the lot

Section through the lot

LOT 16,612 SQ FT5
Drawn from PLUTO: 5 storeys, 33,003 sq ft of building on 16,612 sq ft of lot, an average floor plate covering 40% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
16,612 sq ft
Building area
33,003 sq ft
Residential area
22,971 sq ft
Commercial area
10,032 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.99
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$744,743
Assessed total value
$2,115,994
Exempt value
$62,709
Assessed per residential unit
$105,800

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
Gravesend (West)
ZIP code
11223
Community district
Brooklyn 13
Council district
43
Coordinates
40.594183, -73.981532

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 Gravesend (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2230 CROPSEY AVENUERM24820220-
8855 BAY PARKWAYD316419581-
2286 CROPSEY AVENUERM151201981$781k
268 BAY 38 STREETD114019635-
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-

Every building on file in Gravesend (West)