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Brooklyn / Fort Greene / 11238

50 GREENE AVENUE

Boro3
Block1957
Lot30
BBL3019570030
Class D7
Residential units
39
Units in total
41
Storeys
7
Year built
1932
Last alteration on file
2000
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
30 Dec 2021$50,840,000-APARTMENT BUILDINGRPTT
1 Oct 2015$60,209,050-APARTMENT BUILDINGDEED
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20211$50,840,000--
20151$60,209,050--
02

The building on the lot

Section through the lot

LOT 5,625 SQ FT7
Drawn from PLUTO: 7 storeys, 35,872 sq ft of building on 5,625 sq ft of lot, an average floor plate covering 91% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,625 sq ft
Building area
35,872 sq ft
Residential area
33,672 sq ft
Commercial area
2,200 sq ft
Office area
2,200 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
6.38
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$126,450
Assessed total value
$3,316,050
Exempt value
$2,766,600
Assessed per residential unit
$85,027

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Fort Greene
ZIP code
11238
Community district
Brooklyn 2
Council district
35
Coordinates
40.68595, -73.970686
05

Other buildings in Fort Greene

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
625 FULTON STREETD61,05020220-
118 ST EDWARDS STREETD360019390-
589 FULTON STREETD659120230-
590 FULTON STREETRM58620151-
180 ASHLAND PLACED656920230-
240 WILLOUGHBY STREETD546319460-
86 FLEET PLACERM44020150-
300 ASHLAND PLACERM37920150-
80 DEKALB AVENUED736520112-
29 FLATBUSH AVENUERM32620121-
101 FLEET PLACED629420230-
130 ST EDWARDS STREETD42921957212$600k

Every building on file in Fort Greene