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Brooklyn / Bedford-Stuyvesant (West) / 11216

429 LEXINGTON AVENUE

Boro3
Block1799
Lot44
BBL3017990044
Class C1
Residential units
123
Units in total
123
Storeys
4
Year built
1970
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

PERMITTED, NOT BUILTLOT 65,800 SQ FT4
Drawn from PLUTO: 4 storeys, 101,440 sq ft of building on 65,800 sq ft of lot, an average floor plate covering 39% of it. PLUTO records 5 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 (1.54) and the residential floor area ratio of the zoning district (2). It is a diagram of recorded figures, not a picture of the building.
Lot area
65,800 sq ft
Building area
101,440 sq ft
Residential area
101,440 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
5
Built floor area ratio
1.54
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$221,850
Assessed total value
$5,572,800
Exempt value
$5,572,800
Assessed per residential unit
$45,307

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Bedford-Stuyvesant (West)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.688448, -73.946244
05

Other buildings in Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-
590 DEKALB AVENUED911119840-

Every building on file in Bedford-Stuyvesant (West)