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Brooklyn / Bedford-Stuyvesant (East) / 11221

311 MARCUS GARVEY BLVD

Boro3
Block1634
Lot1
BBL3016340001
Class D1
Residential units
160
Units in total
160
Storeys
6
Year built
1972
Last alteration on file
-
Recorded transfers
3 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
1 Aug 2024$1,210,300-APARTMENT BUILDINGRPTT
7 Aug 2009$2,673,948-APARTMENT BUILDINGRPTT&RET
30 May 2003$1-APARTMENT BUILDINGDEEDO
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20241$1,210,300--
20091$2,673,948--
20031$1--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 83,000 SQ FT6
Drawn from PLUTO: 6 storeys, 179,590 sq ft of building on 83,000 sq ft of lot, an average floor plate covering 36% of it. PLUTO records 6 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.16) and the residential floor area ratio of the zoning district (3). It is a diagram of recorded figures, not a picture of the building.
Lot area
83,000 sq ft
Building area
179,590 sq ft
Residential area
165,498 sq ft
Commercial area
14,092 sq ft
Office area
-
Retail area
14,092 sq ft
Buildings on the lot
6
Built floor area ratio
2.16
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$1,007,100
Assessed total value
$7,120,800
Exempt value
$7,120,800
Assessed per residential unit
$44,505

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
Bedford-Stuyvesant (East)
ZIP code
11221
Community district
Brooklyn 3
Council district
36
Coordinates
40.687452, -73.937555
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)