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Brooklyn / Clinton Hill / 11238

325 LAFAYETTE AVENUE

Recorded on the Digital Tax Map as 331 LAFAYETTE AVENUE CONDOMINIUM.

Boro3
Block1933
Lot7501
BBL3019337501
Class RM
Residential units
116
Units in total
120
Storeys
8
Year built
2015
Last alteration on file
2015
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 20,000 SQ FT8
Drawn from PLUTO: 8 storeys, 119,951 sq ft of building on 20,000 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
20,000 sq ft
Building area
119,951 sq ft
Residential area
100,782 sq ft
Commercial area
19,169 sq ft
Office area
302 sq ft
Retail area
16,595 sq ft
Buildings on the lot
1
Built floor area ratio
6
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$1,170,000
Assessed total value
$16,407,482
Exempt value
$13,952,489
Assessed per residential unit
$141,444

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
RM
Neighbourhood
Clinton Hill
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.688841, -73.962625

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Clinton Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
185 CLINTON AVENUED45201944555$722k
345 CLINTON AVENUED44241945470$730k
333 LAFAYETTE AVENUED432719630-
21 ST JAMES PLACED432619630-
309 LAFAYETTE AVENUED432619630-
185 HALL STREETD42871958221$562k
195 WILLOUGHBY AVENUED42871958227$551k
539 VANDERBILT AVENUERM26420200-
555 WAVERLY AVENUED619020170-
215 WILLOUGHBY AVENUED318719570-
504 MYRTLE AVENUERM14320150-
230 CLASSON AVENUED113820220-

Every building on file in Clinton Hill