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Brooklyn / Kensington / 11218

283 EAST 5 STREET

Boro3
Block5328
Lot51
BBL3053280051
Class D4
Residential units
25
Units in total
25
Storeys
6
Year built
1935
Last alteration on file
-
Recorded transfers
20 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
5 Dec 2023$430,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Feb 2023$475,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2022$995,0005BSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jun 2022$550,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2021$499,9006CSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Dec 2019$716,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jan 2019$550,0005CSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Oct 2018$407,5002DSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jan 2018$920,0005BSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2017$431,5006CSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Sep 2016$753,0003ASINGLE RESIDENTIAL COOP UNITRPTT&RET
15 May 2015$850,000B5SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jan 2014$354,9001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Sep 2010$360,00025SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 May 2009$125,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Jan 2009$495,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Nov 2006$215,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 May 2006$330,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2005$160,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jun 2004$99,0001DSINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20232$452,500$430,000$475,000
20222$772,500$550,000$995,000
20211$499,900--
20192$633,000$550,000$716,000
20182$663,750$407,500$920,000
20171$431,500--
20161$753,000--
20151$850,000--
20141$354,900--
20101$360,000--
20092$310,000$125,000$495,000
20062$272,500$215,000$330,000
20051$160,000--
20041$99,000--
02

The building on the lot

Section through the lot

LOT 7,000 SQ FT6
Drawn from PLUTO: 6 storeys, 28,200 sq ft of building on 7,000 sq ft of lot, an average floor plate covering 67% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,000 sq ft
Building area
28,200 sq ft
Residential area
28,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.03
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$88,200
Assessed total value
$1,438,650
Exempt value
$54,059
Assessed per residential unit
$57,546

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Kensington
ZIP code
11218
Community district
Brooklyn 12
Council district
39
Coordinates
40.645776, -73.975673
05

Other buildings in Kensington

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
135 OCEAN PARKWAYD42861965347$521k
333 MCDONALD AVENUED126819600-
217 EAST 7 STREETD117419510-
303 BEVERLEY ROADD4150195685$520k
455 OCEAN PARKWAYD614719640-
370 OCEAN PARKWAYD41331961118$622k
415 BEVERLEY ROADD4130196378$520k
465 EAST 7 STREETD412519630-
515 EAST 7 STREETD41231961122$465k
70 DAHILL ROADD112219342-
280 OCEAN PARKWAYD4114194186$445k
540 OCEAN PARKWAYD4114196245$385k

Every building on file in Kensington