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Queens / Old Astoria-Hallets Point / 11102

4-21 27 AVENUE

Boro4
Block909
Lot1
BBL4009090001
Class D1
Residential units
208
Units in total
208
Storeys
15
Year built
1969
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
23 Dec 2019$35,000,000208APARTMENT BUILDINGRPTT&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.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 62,562 SQ FT15
Drawn from PLUTO: 15 storeys, 136,000 sq ft of building on 62,562 sq ft of lot, an average floor plate covering 14% of it. The dashed outline is the difference between the floor area ratio already built (2.17) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
62,562 sq ft
Building area
136,000 sq ft
Residential area
82,000 sq ft
Commercial area
54,000 sq ft
Office area
54,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.17
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$522,000
Assessed total value
$5,410,800
Exempt value
$5,410,800
Assessed per residential unit
$26,013

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
Old Astoria-Hallets Point
ZIP code
11102
Community district
Queens 1
Council district
22
Coordinates
40.77487, -73.932491
05

Other buildings in Old Astoria-Hallets Point

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
4 1 STREETD11,10419500-
25-40 SHORE BOULEVARDR44091989397$705k
1-02 26 AVENUERM40420160-
26-50 1ST STREETD629420230-
11-12 30 DRIVED126620212-
12-15 BROADWAYR4214201197$599k
810 12 AVENUED117119720-
26-25 4 STREETD316520220-
3-24 27TH AVENUED316320210-
11-28 30 DRIVED115120212-
11-37 31ST AVENUED114020212-
2-24 26TH AVENUED613720230-

Every building on file in Old Astoria-Hallets Point