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Brooklyn / Brownsville / 11212

420 WATKINS STREET

Boro3
Block3590
Lot50
BBL3035900050
Class D7
Residential units
260
Units in total
261
Storeys
9
Year built
1976
Last alteration on file
-
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
21 Dec 2007$6,062,247-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 102,200 SQ FT9
Drawn from PLUTO: 9 storeys, 252,945 sq ft of building on 102,200 sq ft of lot, an average floor plate covering 28% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
102,200 sq ft
Building area
252,945 sq ft
Residential area
251,324 sq ft
Commercial area
1,621 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.48
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$3,679,200
Assessed total value
$16,776,450
Exempt value
$9,656,550
Assessed per residential unit
$64,525

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Brownsville
ZIP code
11212
Community district
Brooklyn 16
Council district
41
Coordinates
40.662009, -73.906419
05

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Every building on file in Brownsville