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Brooklyn / Prospect Lefferts Gardens-Wingate / 11225

348-376 STERLING STREET

Boro3
Block1321
Lot21
BBL3013210021
Class D1
Residential units
90
Units in total
90
Storeys
6
Year built
1954
Last alteration on file
-
Recorded transfers
4 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
3 Mar 2015$22,512,500-APARTMENT BUILDINGDEED
28 Dec 2011$11,913,088-APARTMENT BUILDINGDEED
12 Feb 2008$9,000,000-APARTMENT BUILDINGDEED
20 Aug 2007$4,580,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20151$22,512,500--
20111$11,913,088--
20081$9,000,000--
20071$4,580,000--
02

The building on the lot

Section through the lot

LOT 30,725 SQ FT6
Drawn from PLUTO: 6 storeys, 104,700 sq ft of building on 30,725 sq ft of lot, an average floor plate covering 57% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
30,725 sq ft
Building area
104,700 sq ft
Residential area
96,900 sq ft
Commercial area
7,800 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.41
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$276,750
Assessed total value
$3,228,300
Exempt value
$0
Assessed per residential unit
$35,870

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
Prospect Lefferts Gardens-Wingate
ZIP code
11225
Community district
Brooklyn 9
Council district
40
Coordinates
40.662983, -73.949065
05

Other buildings in Prospect Lefferts Gardens-Wingate

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
811 RUTLAND ROADD429419530-
590 FLATBUSH AVENUED327219620-
626 FLATBUSH AVENUED625420140-
710 EAST NEW YORK AVENUED923019680-
580 FLATBUSH AVENUED322419620-
446 KINGSTON AVENUED41931928166$310k
636 BROOKLYN AVENUED416019590-
367 CLARKSON AVERM15020240-
80 WINTHROP STREETD41441927158$387k
601 ALBANY AVENUED114319550-
1125 WASHINGTON AVENUED113219381-
225 PARKSIDE AVENUED712619233-

Every building on file in Prospect Lefferts Gardens-Wingate