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Brooklyn / East Flatbush-Erasmus / 11226

293 MARTENSE STREET

Boro3
Block4868
Lot86
BBL3048680086
Class C1
Residential units
26
Units in total
26
Storeys
4
Year built
1930
Last alteration on file
1996
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 Feb 2015$3,625,000-APARTMENT BUILDINGDEED
31 Aug 2014$1,219,092-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
20151$3,625,000--
20141$1,219,092--
02

The building on the lot

Section through the lot

LOT 7,200 SQ FT4
Drawn from PLUTO: 4 storeys, 21,840 sq ft of building on 7,200 sq ft of lot, an average floor plate covering 76% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,200 sq ft
Building area
21,840 sq ft
Residential area
21,840 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.03
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$145,800
Assessed total value
$467,100
Exempt value
$0
Assessed per residential unit
$17,965

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
East Flatbush-Erasmus
ZIP code
11226
Community district
Brooklyn 17
Council district
40
Coordinates
40.651987, -73.949063
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