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Brooklyn / Prospect Lefferts Gardens-Wingate / 11225

305 OCEAN AVENUE

Boro3
Block5026
Lot313
BBL3050260313
Class D7
Residential units
72
Units in total
73
Storeys
6
Year built
1924
Last alteration on file
-
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
24 Nov 2009$337,349-APARTMENT BUILDINGDEED
10 Feb 2009$246,910-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

LOT 19,900 SQ FT6
Drawn from PLUTO: 6 storeys, 63,456 sq ft of building on 19,900 sq ft of lot, an average floor plate covering 53% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
19,900 sq ft
Building area
63,456 sq ft
Residential area
62,456 sq ft
Commercial area
1,000 sq ft
Office area
1,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.19
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$226,800
Assessed total value
$2,225,250
Exempt value
$0
Assessed per residential unit
$30,906

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Prospect Lefferts Gardens-Wingate
ZIP code
11225
Community district
Brooklyn 9
Council district
40
Coordinates
40.655577, -73.961707
05

Other buildings in Prospect Lefferts Gardens-Wingate

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
811 RUTLAND ROADD429419530-
590 FLATBUSH AVENUED327219620-
626 FLATBUSH AVENUED625420140-
710 EAST NEW YORK AVENUED923019680-
580 FLATBUSH AVENUED322419620-
446 KINGSTON AVENUED41931928166$310k
636 BROOKLYN AVENUED416019590-
367 CLARKSON AVERM15020240-
80 WINTHROP STREETD41441927158$387k
601 ALBANY AVENUED114319550-
1125 WASHINGTON AVENUED113219381-
225 PARKSIDE AVENUED712619233-

Every building on file in Prospect Lefferts Gardens-Wingate