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Brooklyn / Gravesend (East)-Homecrest / 11223

501 AVENUE R

Boro3
Block6681
Lot389
BBL3066810389
Class D1
Residential units
30
Units in total
30
Storeys
6
Year built
1935
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 5,200 SQ FT6
Drawn from PLUTO: 6 storeys, 25,800 sq ft of building on 5,200 sq ft of lot, an average floor plate covering 83% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,200 sq ft
Building area
25,800 sq ft
Residential area
25,800 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.96
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$70,200
Assessed total value
$669,150
Exempt value
$0
Assessed per residential unit
$22,305

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
Gravesend (East)-Homecrest
ZIP code
11223
Community district
Brooklyn 15
Council district
44
Coordinates
40.60488, -73.967941
05

Other buildings in Gravesend (East)-Homecrest

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1213 AVENUE ZD42501960180$340k
2400 EAST 3 STREETD41801957132$328k
367 AVENUE SD41561950145$244k
1230 AVENUE YD114519611-
1245 AVENUE XD113519631-
2375 EAST 3 STREETD113519571-
1237 AVENUE ZD4128195887$313k
1840 EAST 13 STREETD4125195487$260k
1628 OCEAN PARKWAYD112419282-
2365 EAST 13 STREETD112419600-
2355 EAST 12 STREETD112119631-
2250 EAST 4 STREETD111519620-

Every building on file in Gravesend (East)-Homecrest