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Brooklyn / Sunset Park (Central) / 11220

4714 7 AVENUE

Boro3
Block767
Lot43
BBL3007670043
Class C7
Residential units
37
Units in total
41
Storeys
4
Year built
1909
Last alteration on file
-
Recorded transfers
2 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
6 Sep 2006$6,191,000-APARTMENT BUILDINGRPTT&RET
6 Sep 2006$1,359,000-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

PERMITTED, NOT BUILTLOT 10,017 SQ FT4
Drawn from PLUTO: 4 storeys, 32,004 sq ft of building on 10,017 sq ft of lot, an average floor plate covering 80% of it. The dashed outline is the difference between the floor area ratio already built (3.19) 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
10,017 sq ft
Building area
32,004 sq ft
Residential area
23,504 sq ft
Commercial area
8,500 sq ft
Office area
-
Retail area
8,500 sq ft
Buildings on the lot
1
Built floor area ratio
3.19
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$135,450
Assessed total value
$1,227,600
Exempt value
$0
Assessed per residential unit
$33,178

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Sunset Park (Central)
ZIP code
11220
Community district
Brooklyn 7
Council district
38
Coordinates
40.643885, -74.004825
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)