408 RED HOOK LANE

Boro3

Block533

Lot1

BBL3005330001

Class D3

Residential units

703

Units in total

703

Storeys

Year built

1938

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 566,618 sq ft of building on 398,190 sq ft of lot, an average floor plate covering 24% of it. PLUTO records 7 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.42) 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

398,190 sq ft

Building area

566,618 sq ft

Residential area

566,618 sq ft

Commercial area

Office area

Retail area

Buildings on the lot

Built floor area ratio

1.42

Residential FAR permitted

2.43

Zoning district

Assessment

Assessed land value

$4,479,750

Assessed total value

$16,523,550

Exempt value

$16,523,550

Assessed per residential unit

$23,504

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

Building class

D3ELEVATOR APT; FIREPROOF WITHOUT STORES

Neighbourhood

ZIP code

11231

Community district

Brooklyn 6

Council district

Coordinates

40.676092, -74.007888

Other buildings in ZIP 11231

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
110 COLUMBIA STREET	D3	1,836	1940	0	-
395 CARROLL ST	D7	1,641	2023	0	-
365 BOND STREET	D6	429	2014	1	$380k
CREAMER STREET	D7	371	2025	0	-
139 RICHARDS STREET	D3	345	1954	0	-
155 3 STREET	D7	301	2025	0	-
363 BOND STREET	D6	270	2014	0	-
323 BOND STREET	D7	179	2023	0	-
498 SACKETT STREET	D7	173	2023	0	-
452 UNION STREET	D7	158	2025	0	-
505 COURT STREET	R4	124	1930	212	$1.11m
5 DELAVAN STREET	D5	102	1900	0	-

Every building on file in ZIP 11231