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Brooklyn / Ocean Hill / 11233

495 HOWARD AVENUE

Boro3
Block1467
Lot1
BBL3014670001
Class C1
Residential units
72
Units in total
72
Storeys
4
Year built
1973
Last alteration on file
2011
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
13 Sep 2016$575,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 52,501 SQ FT4
Drawn from PLUTO: 4 storeys, 72,000 sq ft of building on 52,501 sq ft of lot, an average floor plate covering 34% 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 (1.37) 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
52,501 sq ft
Building area
72,000 sq ft
Residential area
72,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
1.37
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$472,500
Assessed total value
$2,561,400
Exempt value
$2,561,400
Assessed per residential unit
$35,575

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
Ocean Hill
ZIP code
11233
Community district
Brooklyn 16
Council district
41
Coordinates
40.671318, -73.919221
05

Other buildings in Ocean Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
214 THOMAS S BOYLAND STD61,10719681-
2425 PACIFIC STREETRM23620240-
21 PRESCOTT PLACERM23520210-
349 THOMAS S BOYLAND STD120019850-
SACKMAN STREETD113620200-
430 SARATOGA AVENUERM13520170-
930 HALSEY STREETD312619800-
33 SARATOGA AVENUED112519660-
901 MACON STREETD112519800-
2246 FULTON STREETD611920240-
1510 BROADWAYRM10820230-
1704 ST JOHNS PLACED310019930-

Every building on file in Ocean Hill