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Brooklyn / Madison / 11229

3280 NOSTRAND AVENUE

Boro3
Block7308
Lot32
BBL3073080032
Class D7
Residential units
177
Units in total
180
Storeys
6
Year built
1961
Last alteration on file
-
Recorded transfers
1 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
4 May 2004$19,143,688-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 63,058 SQ FT6
Drawn from PLUTO: 6 storeys, 186,257 sq ft of building on 63,058 sq ft of lot, an average floor plate covering 49% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
63,058 sq ft
Building area
186,257 sq ft
Residential area
177,907 sq ft
Commercial area
8,350 sq ft
Office area
2,800 sq ft
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.95
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$841,500
Assessed total value
$8,478,900
Exempt value
$0
Assessed per residential unit
$47,903

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
Madison
ZIP code
11229
Community district
Brooklyn 15
Council district
46
Coordinates
40.603846, -73.942877
05

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Every building on file in Madison