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Brooklyn / Prospect Heights / 11238

347 LINCOLN PLACE

Boro3
Block1176
Lot54
BBL3011760054
Class C1
Residential units
58
Units in total
58
Storeys
4
Year built
1921
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
18 Sep 2025$4,930,125-APARTMENT BUILDINGDEED
6 Mar 2014$5,400,00058APARTMENT BUILDINGDEED
26 Apr 2013$1,890,53558APARTMENT BUILDINGRPTT
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20251$4,930,125--
20141$5,400,000--
20131$1,890,535--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 17,500 SQ FT4
Drawn from PLUTO: 4 storeys, 48,272 sq ft of building on 17,500 sq ft of lot, an average floor plate covering 69% of it. PLUTO records 2 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 (2.76) 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
17,500 sq ft
Building area
48,272 sq ft
Residential area
48,272 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.76
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$197,100
Assessed total value
$1,701,000
Exempt value
$0
Assessed per residential unit
$29,328

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Prospect Heights
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.673317, -73.964346
05

Other buildings in Prospect Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
595 DEAN STREETRM79820210-
662 PACIFIC STREETRM31220190-
535 CARLTON AVENUERM29720151-
550 VANDERBILT AVENUERM2782015363$1.11m
870 ATLANTIC AVED718920240-
135 EASTERN PARKWAYD41861926172$1.92m
700 PACIFIC STREETRM1682002284$1.27m
PACIFIC STREETD611320190-
500 ST JOHNS PLACED111219310-
34 PLAZA ST EASTD4111195699$730k
201 EASTERN PARKWAYD710019240-
1 GRAND ARMY PLAZARM942006176$1.88m

Every building on file in Prospect Heights