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Brooklyn / Williamsburg / 11211

392 SOUTH 5 STREET

Boro3
Block2464
Lot2
BBL3024640002
Class C6
Residential units
29
Units in total
31
Storeys
5
Year built
1920
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
1 Feb 2023$200,0008SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jan 2019$285,0006SINGLE RESIDENTIAL COOP UNITRPTT&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

YearTransfersMedian recordedLowestHighest
20231$200,000--
20191$285,000--
02

The building on the lot

Section through the lot

LOT 5,000 SQ FT5
Drawn from PLUTO: 5 storeys, 21,750 sq ft of building on 5,000 sq ft of lot, an average floor plate covering 87% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,000 sq ft
Building area
21,750 sq ft
Residential area
17,750 sq ft
Commercial area
4,000 sq ft
Office area
-
Retail area
4,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.35
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$135,000
Assessed total value
$1,094,400
Exempt value
$576,263
Assessed per residential unit
$37,738

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
C6WALK-UP COOPERATIVE
Neighbourhood
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.707464, -73.953464
05

Other buildings in Williamsburg

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22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg