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Brooklyn / Bedford-Stuyvesant (West) / 11216

4 MACON STREET

Boro3
Block1848
Lot1
BBL3018480001
Class C7
Residential units
22
Units in total
25
Storeys
5
Year built
1910
Last alteration on file
1992
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.

RecordedConsiderationUnitWhat transferredInstrument
27 Aug 2020$154,544-APARTMENT BUILDINGDEED
3 Oct 2017$8,300,000-APARTMENT BUILDINGDEED
1 Jan 2015$772,691-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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
20201$154,544--
20171$8,300,000--
20151$772,691--
02

The building on the lot

Section through the lot

LOT 4,446 SQ FT5
Drawn from PLUTO: 5 storeys, 29,300 sq ft of building on 4,446 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,446 sq ft
Building area
29,300 sq ft
Residential area
26,300 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
6.59
Residential FAR permitted
4.66
Zoning district
C4-5D
03

Assessment

Assessed land value
$33,750
Assessed total value
$1,230,750
Exempt value
$212,825
Assessed per residential unit
$55,943

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.680693, -73.950934
05

Other buildings in Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)