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Brooklyn / Windsor Terrace-South Slope / 11218

31 OCEAN PARKWAY

Boro3
Block5320
Lot9
BBL3053200009
Class D1
Residential units
83
Units in total
83
Storeys
6
Year built
1929
Last alteration on file
2010
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
8 Feb 2018$33,700,00083APARTMENT BUILDINGDEED
5 Oct 2010$12,956,00083APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20181$33,700,000--
20101$12,956,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 27,099 SQ FT6
Drawn from PLUTO: 6 storeys, 90,900 sq ft of building on 27,099 sq ft of lot, an average floor plate covering 56% of it. The dashed outline is the difference between the floor area ratio already built (3.35) 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
27,099 sq ft
Building area
90,900 sq ft
Residential area
90,900 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.35
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$333,900
Assessed total value
$5,377,500
Exempt value
$0
Assessed per residential unit
$64,789

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Windsor Terrace-South Slope
ZIP code
11218
Community district
Brooklyn 7
Council district
40
Coordinates
40.649786, -73.974122
05

Other buildings in Windsor Terrace-South Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
11 OCEAN PARKWAYD737520220-
1601 8 AVENUED320119802-
221 MCDONALD AVENUED41601953153$600k
651 VANDERBILT STREETD41491963168$696k
263 PROSPECT AVENUED114720240-
829 GREENWOOD AVENUED113519820-
555 4 AVENUED713420180-
10 OCEAN PARKWAYD113319270-
57 CATON PLACED113120220-
23 CATON PLACED112620053-
112 EAST 2 STREETD41141940167$600k
100 OCEAN PARKWAYD4103195371$660k

Every building on file in Windsor Terrace-South Slope