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Brooklyn / Prospect Heights / 11238

292 LINCOLN PLACE

Boro3
Block1179
Lot11
BBL3011790011
Class C1
Residential units
21
Units in total
21
Storeys
4
Year built
1923
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
29 Nov 2017$17,900,000-APARTMENT BUILDINGDEED
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

PERMITTED, NOT BUILTLOT 5,800 SQ FT4
Drawn from PLUTO: 4 storeys, 19,004 sq ft of building on 5,800 sq ft of lot, an average floor plate covering 82% of it. The dashed outline is the difference between the floor area ratio already built (3.28) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
5,800 sq ft
Building area
19,004 sq ft
Residential area
19,004 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.28
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$45,900
Assessed total value
$1,410,750
Exempt value
$0
Assessed per residential unit
$67,179

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Prospect Heights
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.67334, -73.966261
05

Other buildings in Prospect Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
595 DEAN STREETRM79820210-
662 PACIFIC STREETRM31220190-
535 CARLTON AVENUERM29720151-
550 VANDERBILT AVENUERM2782015363$1.11m
870 ATLANTIC AVED718920240-
135 EASTERN PARKWAYD41861926172$1.92m
700 PACIFIC STREETRM1682002284$1.27m
PACIFIC STREETD611320190-
500 ST JOHNS PLACED111219310-
34 PLAZA ST EASTD4111195699$730k
201 EASTERN PARKWAYD710019240-
1 GRAND ARMY PLAZARM942006176$1.88m

Every building on file in Prospect Heights