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Brooklyn / Windsor Terrace-South Slope / 11215

38 PROSPECT PARK SW

Boro3
Block1107
Lot5
BBL3011070005
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1920
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
7 Feb 2020$5,900,000-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 4,250 SQ FT4
Drawn from PLUTO: 4 storeys, 15,200 sq ft of building on 4,250 sq ft of lot, an average floor plate covering 89% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,250 sq ft
Building area
15,200 sq ft
Residential area
15,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.58
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$49,050
Assessed total value
$1,064,250
Exempt value
$0
Assessed per residential unit
$53,213

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
Windsor Terrace-South Slope
ZIP code
11215
Community district
Brooklyn 7
Council district
39
Coordinates
40.659566, -73.977484
05

Other buildings in Windsor Terrace-South Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
11 OCEAN PARKWAYD737520220-
1601 8 AVENUED320119802-
221 MCDONALD AVENUED41601953153$600k
651 VANDERBILT STREETD41491963168$696k
263 PROSPECT AVENUED114720240-
829 GREENWOOD AVENUED113519820-
555 4 AVENUED713420180-
10 OCEAN PARKWAYD113319270-
57 CATON PLACED113120220-
23 CATON PLACED112620053-
112 EAST 2 STREETD41141940167$600k
100 OCEAN PARKWAYD4103195371$660k

Every building on file in Windsor Terrace-South Slope