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Brooklyn / Crown Heights (South) / 11225

460 MALBONE STREET

Boro3
Block1309
Lot7501
BBL3013097501
Class R2
Residential units
48
Units in total
82
Storeys
4
Year built
1997
Last alteration on file
-
Recorded transfers
16 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
15 Apr 2026$1,00076-2SINGLE RESIDENTIAL CONDO UNITDEED
18 Mar 2026$1,150,000476GBULK SALE OF CONDOMINIUMS2 lotsDEED
17 Mar 2026$775,000470-2SINGLE RESIDENTIAL CONDO UNITDEED
25 Feb 2025$10470-SSINGLE RESIDENTIAL CONDO UNIT2 lotsDEED
16 Dec 2020$253,068468-3SINGLE RESIDENTIAL CONDO UNITDEED
13 Sep 2019$10476-3SINGLE RESIDENTIAL CONDO UNITDEED
10 Aug 2015$560,000464-3SINGLE RESIDENTIAL CONDO UNITDEED
3 Nov 2011$499,50076-SSINGLE RESIDENTIAL CONDO UNIT2 lotsDEED
23 Feb 2009$520,000460-1SINGLE RESIDENTIAL CONDO UNITDEED
11 May 2007$540,000464-2SINGLE RESIDENTIAL CONDO UNITDEED
15 Nov 2006$315,00072-3SINGLE RESIDENTIAL CONDO UNITDEED
13 Jul 2006$470,500466-3SINGLE RESIDENTIAL CONDO UNITDEED
1 Nov 2004$362,500468-2SINGLE RESIDENTIAL CONDO UNITRPTT&RET
20 May 2003$325,500464-SSINGLE RESIDENTIAL CONDO UNIT2 lotsDEED
20 Feb 2003$229,000470-SSINGLE RESIDENTIAL CONDO UNITDEED
28 Jan 2003$255,500466-2SINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.

By year

YearTransfersMedian recordedLowestHighest
20263$775,000$1,000$1,150,000
20251$10--
20201$253,068--
20191$10--
20151$560,000--
20111$499,500--
20091$520,000--
20071$540,000--
20062$392,750$315,000$470,500
20041$362,500--
20033$255,500$229,000$325,500
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 35,000 SQ FT4
Drawn from PLUTO: 4 storeys, 67,144 sq ft of building on 35,000 sq ft of lot, an average floor plate covering 48% of it. PLUTO records 11 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 (1.92) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
35,000 sq ft
Building area
67,144 sq ft
Residential area
64,774 sq ft
Commercial area
2,370 sq ft
Office area
-
Retail area
-
Buildings on the lot
11
Built floor area ratio
1.92
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$494,988
Assessed total value
$2,641,038
Exempt value
$24,230
Assessed per residential unit
$55,022

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
R2CONDO; RESIDENTIAL UNIT IN WALK-UP BLDG.
Neighbourhood
Crown Heights (South)
ZIP code
11225
Community district
Brooklyn 9
Council district
35
Coordinates
40.66469, -73.949201
05

Other buildings in Crown Heights (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
54 CROWN STREETD656920240-
1089 PRESIDENT STREETRM41520190-
49 CROWN STREETD332119731-
960 FRANKLIN AVENUED330120250-
975 NOSTRAND AVENUED626620230-
1238 PRESIDENT STREETD424119720-
931 CARROLL STREETD121420240-
111 MONTGOMERY STREETR21632018188$784k
451 KINGSTON AVENUED715619290-
240 CROWN STREETD113519270-
250 CROWN STREETD112919270-
1702 CARROLL STREETD4125192634$200k

Every building on file in Crown Heights (South)