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Queens / Queensbridge-Ravenswood-Dutch Kills / 11101

41-23 CRESCENT STREET

Recorded on the Digital Tax Map as CRESCENT CLUB.

Boro4
Block415
Lot7502
BBL4004157502
Class RM
Residential units
121
Units in total
152
Storeys
17
Year built
2007
Last alteration on file
-
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
20 Jan 2016$96,000,0003ASINGLE RESIDENTIAL CONDO UNIT121 lotsDEED
22 Jul 2013$81,464,3953ASINGLE RESIDENTIAL CONDO UNITDEED
16 Mar 2012$1,000COMM1BULK SALE OF CONDOMINIUMS3 lotsDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20161$96,000,000--
20131$81,464,395--
20121$1,000--
02

The building on the lot

Section through the lot

LOT 25,363 SQ FT17
Drawn from PLUTO: 17 storeys, 123,626 sq ft of building on 25,363 sq ft of lot, an average floor plate covering 29% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
25,363 sq ft
Building area
123,626 sq ft
Residential area
113,240 sq ft
Commercial area
10,386 sq ft
Office area
-
Retail area
5,949 sq ft
Buildings on the lot
1
Built floor area ratio
4.87
Residential FAR permitted
5
Zoning district
M1-5/R7-3
03

Assessment

Assessed land value
$468,463
Assessed total value
$12,010,506
Exempt value
$0
Assessed per residential unit
$99,260

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
RM
Neighbourhood
Queensbridge-Ravenswood-Dutch Kills
ZIP code
11101
Community district
Queens 1
Council district
26
Coordinates
40.75159, -73.939321

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Queensbridge-Ravenswood-Dutch Kills

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
NORTHERN BOULEVARDD695820190-
33-34 CRESCENT STREETD472619501,050$470k
30-25 QUEENS BOULEVARDD656020250-
30-02 39TH AVENUERM42820150-
41-42 24 STREETD642120130-
41-34 27TH STREETD741720230-
33-43 14 STREETD43641958300$494k
41-21 28 STREETD619920150-
29-26 40 AVENUED619020240-
37-05 30TH STREETRX18620200-
11-14 35 AVENUED315220240-
41-34 CRESCENT STREETD714320071-

Every building on file in Queensbridge-Ravenswood-Dutch Kills