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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 6 Sep 2006 | $3,400,000 | - | APARTMENT BUILDING | RPTT&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.
The building on the lot
Section through the lot
Assessment
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.
Classification and location
Other buildings in Sunset Park (West)
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 737 4TH AVENUE | D6 | 187 | 2024 | 0 | - |
| 725 4 AVENUE | C7 | 164 | 1928 | 0 | - |
| 867 4 AVENUE | D3 | 150 | 2020 | 0 | - |
| 635 4 AVENUE | D7 | 91 | 2016 | 0 | - |
| 691 4 AVENUE | D6 | 84 | 2025 | 0 | - |
| 405 44 STREET | D9 | 80 | 2007 | 2 | - |
| 181 18TH STREET | RM | 73 | 2018 | 85 | $873k |
| 4112 4 AVENUE | C7 | 57 | 1928 | 2 | - |
| 6020 3RD AVENUE | D6 | 53 | 2021 | 0 | - |
| 4919 4 AVENUE | D7 | 51 | 2025 | 0 | - |
| 5108 4TH AVENUE | RM | 50 | 2019 | 0 | - |
| 417 40 STREET | C1 | 49 | 1938 | 1 | - |