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Brooklyn / Brownsville / 11212

401 CHESTER STREET

Boro3
Block3589
Lot21
BBL3035890021
Class D7
Residential units
157
Units in total
158
Storeys
8
Year built
2021
Last alteration on file
2021
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 22,025 SQ FT8
Drawn from PLUTO: 8 storeys, 117,450 sq ft of building on 22,025 sq ft of lot, an average floor plate covering 67% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,025 sq ft
Building area
117,450 sq ft
Residential area
112,132 sq ft
Commercial area
5,318 sq ft
Office area
5,318 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.33
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$883,800
Assessed total value
$4,119,300
Exempt value
$4,119,300
Assessed per residential unit
$26,238

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Brownsville
ZIP code
11212
Community district
Brooklyn 16
Council district
41
Coordinates
40.662066, -73.909472
05

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Every building on file in Brownsville