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Brooklyn / Park Slope / 11217

38 SIXTH AVENUE

Recorded on the Digital Tax Map as 38 SIXTH AVENUE CONDOMINIUM.

Boro3
Block1118
Lot7501
BBL3011187501
Class RM
Residential units
303
Units in total
316
Storeys
23
Year built
2016
Last alteration on file
-
Recorded transfers
2 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
13 May 2022$17,898,500LIHTCMULTIPLE RESIDENTIAL CONDO UNTRPTT&RET
31 Jan 2020$1MIUBULK SALE OF CONDOMINIUMSDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$17,898,500--
20201$1--
02

The building on the lot

Section through the lot

LOT 22,441 SQ FT23
Drawn from PLUTO: 23 storeys, 270,619 sq ft of building on 22,441 sq ft of lot, an average floor plate covering 52% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,441 sq ft
Building area
270,619 sq ft
Residential area
227,674 sq ft
Commercial area
42,945 sq ft
Office area
19,639 sq ft
Retail area
7,109 sq ft
Buildings on the lot
1
Built floor area ratio
12.06
Residential FAR permitted
4
Zoning district
C4-4A
03

Assessment

Assessed land value
$4,544,099
Assessed total value
$33,543,996
Exempt value
$29,369,776
Assessed per residential unit
$110,706

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
RM
Neighbourhood
Park Slope
ZIP code
11217
Community district
Brooklyn 6
Council district
35
Coordinates
40.681944, -73.97439

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Park Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
18 SIXTH AVERM85820190-
445 5TH AVENUERM754192022$1.71m
461 DEAN STREETD836320132-
85 4TH AVENUED624720250-
128 5 AVENUED718020230-
341 10 STREETD315419680-
535 4 AVENUED714820150-
35 4 AVENUED614320220-
10 PLAZA ST EASTD41341959100$896k
357 9 STREETRM13119200-
343 4 AVENUERM1132006220$1.18m
363 4 AVENUED610420130-

Every building on file in Park Slope