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Queens / Queensbridge-Ravenswood-Dutch Kills / 11101

41-24 24 STREET

Boro4
Block414
Lot121
BBL4004140121
Class D9
Residential units
88
Units in total
88
Storeys
11
Year built
2013
Last alteration on file
2008
Recorded transfers
1 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
26 Jun 2015$34,900,000-APARTMENT BUILDINGRPTT&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.
02

The building on the lot

Section through the lot

LOT 10,034 SQ FT11
Drawn from PLUTO: 11 storeys, 76,000 sq ft of building on 10,034 sq ft of lot, an average floor plate covering 69% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,034 sq ft
Building area
76,000 sq ft
Residential area
73,400 sq ft
Commercial area
2,600 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
7.57
Residential FAR permitted
5
Zoning district
M1-5/R7-3
03

Assessment

Assessed land value
$496,800
Assessed total value
$7,097,400
Exempt value
$5,584,320
Assessed per residential unit
$80,652

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
Queensbridge-Ravenswood-Dutch Kills
ZIP code
11101
Community district
Queens 1
Council district
26
Coordinates
40.751997, -73.940111
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