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Brooklyn / Sunset Park (Central) / 11220

437 61 STREET

Boro3
Block5782
Lot56
BBL3057820056
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1922
Last alteration on file
1986
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
30 Aug 2024$20,000,000-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 5,000 SQ FT4
Drawn from PLUTO: 4 storeys, 14,200 sq ft of building on 5,000 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,000 sq ft
Building area
14,200 sq ft
Residential area
14,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.84
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$18,450
Assessed total value
$761,850
Exempt value
$0
Assessed per residential unit
$38,093

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
Sunset Park (Central)
ZIP code
11220
Community district
Brooklyn 7
Council district
38
Coordinates
40.63978, -74.017764
05

Other buildings in Sunset Park (Central)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
6002 FT HAMILTON PARKWAYRM9219200-
416 63RD STREETRM8420210-
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-

Every building on file in Sunset Park (Central)