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Brooklyn / Flatbush / 11226

446 OCEAN AVENUE

Boro3
Block5080
Lot13
BBL3050800013
Class C1
Residential units
47
Units in total
47
Storeys
4
Year built
1914
Last alteration on file
-
Recorded transfers
4 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
18 Jun 2024$5,482,632-APARTMENT BUILDINGRPTT&RET
17 Jun 2024$967,523-APARTMENT BUILDINGRPTT&RET
31 Oct 2019$7,244,75046APARTMENT BUILDINGRPTT
20 Dec 2006$4,242,000-APARTMENT BUILDINGDEED
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20242$3,225,078$967,523$5,482,632
20191$7,244,750--
20061$4,242,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 18,915 SQ FT4
Drawn from PLUTO: 4 storeys, 50,840 sq ft of building on 18,915 sq ft of lot, an average floor plate covering 67% of it. PLUTO records 3 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 (2.69) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
18,915 sq ft
Building area
50,840 sq ft
Residential area
50,840 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.69
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$808,650
Assessed total value
$1,298,250
Exempt value
$0
Assessed per residential unit
$27,622

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
Flatbush
ZIP code
11226
Community district
Brooklyn 14
Council district
40
Coordinates
40.651729, -73.961745
05

Other buildings in Flatbush

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
BEDFORD AVENUED635420240-
BEVERLY ROADD629620240-
800 FLATBUSH AVENUERM25520190-
1640 FLATBUSH AVENUED717120230-
2255 NOSTRAND AVENUED616320240-
18 WOODRUFF AVENUED116119550-
160 PARKSIDE AVENUED315819641-
21 LENOX ROADD615020250-
765 FLATBUSH AVENUED615020250-
1710 CORTELYOU ROADD713119601-
45 WOODRUFF AVENUED313120150-
777 EAST 31 STREETD112519610-

Every building on file in Flatbush