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Brooklyn / Kensington / 11218

490 OCEAN PARKWAY

Boro3
Block5389
Lot46
BBL3053890046
Class D4
Residential units
51
Units in total
51
Storeys
7
Year built
1931
Last alteration on file
2009
Recorded transfers
36 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
28 Nov 2007$170,00015SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Aug 2007$495,00023SINGLE RESIDENTIAL COOP UNIT8 lotsRPTT&RET
27 Feb 2007$132,50015SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Mar 2006$235,00026SINGLE RESIDENTIAL COOP UNIT8 lotsRPTT&RET
15 Sep 2005$153,17221SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$115,38911SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$151,12918SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$188,9102SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$191,97324SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$151,12931SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$151,12929SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$191,97317SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$113,34716SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$188,91019SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$188,91028SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$151,12914SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$153,17210SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$115,3898SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$191,97320SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$115,3897SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$209,3325SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$205,2481SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$113,3474SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2005$153,1726SINGLE RESIDENTIAL COOP UNITRPTT&RET
25 May 2004$108,37720SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$65,1418SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$106,6472SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$90,31829SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$65,1417SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$86,4716SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$86,47110SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$86,47121SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$85,31832SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$63,9884SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$63,98816SINGLE RESIDENTIAL COOP UNITRPTT
25 May 2004$85,31831SINGLE RESIDENTIAL COOP UNITRPTT
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.

By year

YearTransfersMedian recordedLowestHighest
20073$170,000$132,500$495,000
20061$235,000--
200520$153,172$113,347$209,332
200412$85,895$63,988$108,377
02

The building on the lot

Section through the lot

LOT 14,000 SQ FT7
Drawn from PLUTO: 7 storeys, 58,704 sq ft of building on 14,000 sq ft of lot, an average floor plate covering 60% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
14,000 sq ft
Building area
58,704 sq ft
Residential area
58,704 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.19
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$283,500
Assessed total value
$1,832,400
Exempt value
$0
Assessed per residential unit
$35,929

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Kensington
ZIP code
11218
Community district
Brooklyn 12
Council district
39
Coordinates
40.636303, -73.973403
05

Other buildings in Kensington

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
135 OCEAN PARKWAYD42861965347$521k
333 MCDONALD AVENUED126819600-
217 EAST 7 STREETD117419510-
303 BEVERLEY ROADD4150195685$520k
455 OCEAN PARKWAYD614719640-
370 OCEAN PARKWAYD41331961118$622k
415 BEVERLEY ROADD4130196378$520k
465 EAST 7 STREETD412519630-
515 EAST 7 STREETD41231961122$465k
70 DAHILL ROADD112219342-
280 OCEAN PARKWAYD4114194186$445k
540 OCEAN PARKWAYD4114196245$385k

Every building on file in Kensington