Brooklyn / Bedford-Stuyvesant (West) / 11216
500 NOSTRAND AVENUE
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 16 Sep 2015 | $5,992,701 | - | APARTMENT BUILDING | RPTT&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.
The building on the lot
Section through the lot
Assessment
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.
Classification and location
Other buildings in Bedford-Stuyvesant (West)
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1045 ATLANTIC AVENUE | D7 | 456 | 2023 | 0 | - |
| 1215 FULTON STREET | D7 | 240 | 2023 | 0 | - |
| 372 GATES AVENUE | D1 | 214 | 1923 | 0 | - |
| 1134 FULTON STREET | D6 | 182 | 2017 | 1 | - |
| 550 GREENE AVENUE | D1 | 151 | 1984 | 0 | - |
| 234 HERKIMER STREET | D1 | 139 | 1972 | 0 | - |
| 963 ATLANTIC AVENUE | D6 | 124 | 2021 | 0 | - |
| 429 LEXINGTON AVENUE | C1 | 123 | 1970 | 0 | - |
| 378 FLUSHING AVENUE | D1 | 122 | 2018 | 0 | - |
| 122 SANDFORD STREET | D3 | 120 | 2023 | 0 | - |
| 168 FRANKLIN AVENUE | D1 | 118 | 2014 | 1 | - |
| 445 GRAND AVENUE | RM | 113 | 2021 | 0 | - |