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Brooklyn / Williamsburg / 11211

277 SOUTH 5TH STREET

Recorded on the Digital Tax Map as DIME CONDOMINIUM.

Boro3
Block2447
Lot7501
BBL3024477501
Class RMINDIVIDUAL LANDMARK
Residential units
172
Units in total
180
Storeys
23
Year built
2018
Last alteration on file
-
Recorded transfers
1 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
31 May 2022$156,600,000AFRESSINGLE RESIDENTIAL CONDO UNIT2 lotsDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 50,303 SQ FT23
Drawn from PLUTO: 23 storeys, 297,063 sq ft of building on 50,303 sq ft of lot, an average floor plate covering 26% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
50,303 sq ft
Building area
297,063 sq ft
Residential area
104,135 sq ft
Commercial area
192,928 sq ft
Office area
87,320 sq ft
Retail area
43,097 sq ft
Buildings on the lot
2
Built floor area ratio
5.91
Residential FAR permitted
2.43
Zoning district
C4-3
03

Assessment

Assessed land value
$2,263,501
Assessed total value
$33,950,145
Exempt value
$18,596,230
Assessed per residential unit
$197,385

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
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.709598, -73.957925

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 Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
420 KENT AVENUED760520161-
2 NORTH 6 STREETD855420170-
1 NORTH 4 PLACED850920160-
11 WHARF WAYRM487202360$1.33m
346 KENT AVENUERM4622022118$2.69m
22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg