Residential units
70
Units in total
70
Storeys
6
Year built
1961
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 28 May 2020 | $387,000 | 1D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Jun 2017 | $299,000 | 6K | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Nov 2014 | $160,500 | 6K | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2020 | 1 | $387,000 | - | - |
| 2017 | 1 | $299,000 | - | - |
| 2014 | 1 | $160,500 | - | - |
02
The building on the lot
Section through the lot
Lot area
7,500 sq ft
Building area
35,160 sq ft
Residential area
35,160 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.69
Residential FAR permitted
6.02
Zoning district
R8X
03
Assessment
Assessed land value
$219,600
Assessed total value
$3,749,400
Exempt value
$0
Assessed per residential unit
$53,563
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
D4ELEVATOR COOPERATIVE
Neighbourhood
Prospect Heights
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.673362, -73.96754
05
Other buildings in Prospect Heights
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 595 DEAN STREET | RM | 798 | 2021 | 0 | - |
| 662 PACIFIC STREET | RM | 312 | 2019 | 0 | - |
| 535 CARLTON AVENUE | RM | 297 | 2015 | 1 | - |
| 550 VANDERBILT AVENUE | RM | 278 | 2015 | 363 | $1.11m |
| 870 ATLANTIC AVE | D7 | 189 | 2024 | 0 | - |
| 135 EASTERN PARKWAY | D4 | 186 | 1926 | 172 | $1.92m |
| 700 PACIFIC STREET | RM | 168 | 2002 | 284 | $1.27m |
| PACIFIC STREET | D6 | 113 | 2019 | 0 | - |
| 500 ST JOHNS PLACE | D1 | 112 | 1931 | 0 | - |
| 34 PLAZA ST EAST | D4 | 111 | 1956 | 99 | $730k |
| 201 EASTERN PARKWAY | D7 | 100 | 1924 | 0 | - |
| 1 GRAND ARMY PLAZA | RM | 94 | 2006 | 176 | $1.88m |