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Brooklyn / 11225

329 STERLING STREET

Boro3
Block1316
Lot72
BBL3013160072
Class D3
Residential units
28
Units in total
28
Storeys
6
Year built
2016
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
20 Jul 2012$650,000-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 5,800 SQ FT6
Drawn from PLUTO: 6 storeys, 21,010 sq ft of building on 5,800 sq ft of lot, an average floor plate covering 60% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,800 sq ft
Building area
21,010 sq ft
Residential area
21,010 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.62
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$227,700
Assessed total value
$1,845,450
Exempt value
$1,682,670
Assessed per residential unit
$65,909

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
11225
Community district
Brooklyn 9
Council district
40
Coordinates
40.663401, -73.95024
05

Other buildings in ZIP 11225

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1720 BEDFORD AVENUED11,32119600-
54 CROWN STREETD656920240-
1089 PRESIDENT STREETRM41520190-
49 CROWN STREETD332119731-
960 FRANKLIN AVENUED330120250-
590 FLATBUSH AVENUED327219620-
975 NOSTRAND AVENUED626620230-
626 FLATBUSH AVENUED625420140-
1238 PRESIDENT STREETD424119720-
580 FLATBUSH AVENUED322419620-
931 CARROLL STREETD121420240-
446 KINGSTON AVENUED41931928166$310k

Every building on file in ZIP 11225