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Brooklyn / Bedford-Stuyvesant (West) / 11221

444 LEXINGTON AVENUE

Boro3
Block1805
Lot27
BBL3018050027
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1931
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
27 Jun 2019$5,249,373-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 9,000 SQ FT4
Drawn from PLUTO: 4 storeys, 23,400 sq ft of building on 9,000 sq ft of lot, an average floor plate covering 65% 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
9,000 sq ft
Building area
23,400 sq ft
Residential area
23,400 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.6
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$40,500
Assessed total value
$347,850
Exempt value
$347,850
Assessed per residential unit
$17,393

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
11221
Community district
Brooklyn 3
Council district
36
Coordinates
40.688336, -73.943158
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-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)