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Brooklyn / Sunset Park (Central) / 11220

416 63RD STREET

Recorded on the Digital Tax Map as FAC 6309 FOURTH AVENUE CONDOMINIUM.

Boro3
Block5809
Lot7501
BBL3058097501
Class RM
Residential units
84
Units in total
85
Storeys
9
Year built
2021
Last alteration on file
-
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 14,000 SQ FT9
Drawn from PLUTO: 9 storeys, 78,492 sq ft of building on 14,000 sq ft of lot, an average floor plate covering 62% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
14,000 sq ft
Building area
78,492 sq ft
Residential area
64,731 sq ft
Commercial area
13,761 sq ft
Office area
-
Retail area
13,761 sq ft
Buildings on the lot
3
Built floor area ratio
5.61
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$162,450
Assessed total value
$4,819,950
Exempt value
$3,797,309
Assessed per residential unit
$57,380

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
Sunset Park (Central)
ZIP code
11220
Community district
Brooklyn 7
Council district
38
Coordinates
40.638753, -74.020005

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 Sunset Park (Central)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
6002 FT HAMILTON PARKWAYRM9219200-
420 28 STREETRM761990108$535k
637 41 STREETC668192463$525k
549 41 STREETC660192754$490k
702 44 STREETR454193169$345k
6113 5 AVENUEC74919260-
609 45 STREETC74819231-
5314 6 AVENUED54519281-
4002 7 AVENUEC644192544$520k
4011 7 AVENUEC64419240-
579 61 STREETC14419271-
601 40 STREETC14319281-

Every building on file in Sunset Park (Central)