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Brooklyn / Sunset Park (West) / 11220

438 49 STREET

Boro3
Block783
Lot21
BBL3007830021
Class C1
Residential units
32
Units in total
32
Storeys
4
Year built
1905
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
13 Jun 2017$36,279,474-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 10,300 SQ FT4
Drawn from PLUTO: 4 storeys, 26,540 sq ft of building on 10,300 sq ft of lot, an average floor plate covering 64% 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
10,300 sq ft
Building area
26,540 sq ft
Residential area
26,540 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.58
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$116,100
Assessed total value
$1,289,250
Exempt value
$1,289,250
Assessed per residential unit
$40,289

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 (West)
ZIP code
11220
Community district
Brooklyn 7
Council district
38
Coordinates
40.64619, -74.01107
05

Other buildings in Sunset Park (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
737 4TH AVENUED618720240-
725 4 AVENUEC716419280-
867 4 AVENUED315020200-
635 4 AVENUED79120160-
691 4 AVENUED68420250-
405 44 STREETD98020072-
181 18TH STREETRM73201885$873k
4112 4 AVENUEC75719282-
6020 3RD AVENUED65320210-
4919 4 AVENUED75120250-
5108 4TH AVENUERM5020190-
417 40 STREETC14919381-

Every building on file in Sunset Park (West)