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Brooklyn / Flatbush / 11226

499 OCEAN AVENUE

Boro3
Block5081
Lot52
BBL3050810052
Class D1
Residential units
48
Units in total
48
Storeys
7
Year built
1931
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
24 Jul 2014$5,604,67936APARTMENT BUILDINGDEED
23 Apr 2007$3,971,863-APARTMENT BUILDINGDEED
31 Oct 2006$1,162,531-APARTMENT BUILDINGRPTT
30 Dec 2005$2,424,058-APARTMENT BUILDINGRPTT
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20141$5,604,679--
20071$3,971,863--
20061$1,162,531--
20051$2,424,058--
02

The building on the lot

Section through the lot

LOT 6,825 SQ FT7
Drawn from PLUTO: 7 storeys, 33,600 sq ft of building on 6,825 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,825 sq ft
Building area
33,600 sq ft
Residential area
33,600 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.92
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$245,700
Assessed total value
$1,131,300
Exempt value
$0
Assessed per residential unit
$23,569

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Flatbush
ZIP code
11226
Community district
Brooklyn 14
Council district
40
Coordinates
40.650663, -73.960744
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