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Brooklyn / Carroll Gardens-Cobble Hill-Gowanus-Red Hook / 11231

501 HICKS STREET

Boro3
Block321
Lot7501
BBL3003217501
Class R2Cobble Hill Historic District
Residential units
34
Units in total
34
Storeys
5
Year built
1922
Last alteration on file
1986
Recorded transfers
60 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
25 May 2023$1,100,000301SINGLE RESIDENTIAL CONDO UNITDEED
5 Oct 2022$1,550,000403SINGLE RESIDENTIAL CONDO UNITDEED
25 Jul 2022$1,630,000402SINGLE RESIDENTIAL CONDO UNITDEED
9 Jun 2022$1,501,000401SINGLE RESIDENTIAL CONDO UNITDEED
21 Apr 2022$1,495,000201SINGLE RESIDENTIAL CONDO UNITDEED
22 Jan 2021$1,255,000403SINGLE RESIDENTIAL CONDO UNITDEED
16 Nov 2020$900,000301SINGLE RESIDENTIAL CONDO UNITDEED
11 May 2020$1,525,000205SINGLE RESIDENTIAL CONDO UNITDEED
16 Dec 2019$1,881,000503SINGLE RESIDENTIAL CONDO UNITDEED
17 Nov 2017$840,000101SINGLE RESIDENTIAL CONDO UNITDEED
11 Aug 2016$1,850,000505SINGLE RESIDENTIAL CONDO UNITDEED
5 Aug 2016$782,000102SINGLE RESIDENTIAL CONDO UNITDEED
29 Jul 2015$685,000107SINGLE RESIDENTIAL CONDO UNITDEED
29 Jul 2015$50,000107SINGLE RESIDENTIAL CONDO UNITRPTT&RET
1 Jul 2015$1,195,000401SINGLE RESIDENTIAL CONDO UNITDEED
25 Jun 2015$645,000101SINGLE RESIDENTIAL CONDO UNITDEED
13 May 2015$50,000405SINGLE RESIDENTIAL CONDO UNITRPTT&RET
30 Jan 2015$1,315,000201SINGLE RESIDENTIAL CONDO UNITDEED
28 Oct 2014$1,661,000405SINGLE RESIDENTIAL CONDO UNITDEED
8 Aug 2014$45,000507SINGLE RESIDENTIAL CONDO UNITDEED
14 Jul 2014$1,492,000403SINGLE RESIDENTIAL CONDO UNITDEED
30 Nov 2012$499,000102SINGLE RESIDENTIAL CONDO UNITDEED
29 Aug 2012$648,000301SINGLE RESIDENTIAL CONDO UNITDEED
29 Jun 2012$650,000302SINGLE RESIDENTIAL CONDO UNITDEED
11 Jun 2012$620,000507SINGLE RESIDENTIAL CONDO UNITDEED
2 Apr 2012$390,000101SINGLE RESIDENTIAL CONDO UNITDEED
19 Aug 2011$737,500401SINGLE RESIDENTIAL CONDO UNITDEED
25 Jan 2011$499,999501SINGLE RESIDENTIAL CONDO UNITDEED
16 Jul 2010$715,000104SINGLE RESIDENTIAL CONDO UNITDEED
3 Jun 2010$531,500502SINGLE RESIDENTIAL CONDO UNITDEED
25 Sep 2009$890,000505SINGLE RESIDENTIAL CONDO UNITDEED
28 Jul 2009$450,000307SINGLE RESIDENTIAL CONDO UNITDEED
28 Nov 2008$607,500307SINGLE RESIDENTIAL CONDO UNITDEED
18 May 2007$890,000206SINGLE RESIDENTIAL CONDO UNITDEED
12 Jan 2007$782,505405SINGLE RESIDENTIAL CONDO UNITDEED
30 Nov 2006$739,000401SINGLE RESIDENTIAL CONDO UNITDEED
26 Jul 2006$495,000102SINGLE RESIDENTIAL CONDO UNITDEED
14 Mar 2006$662,500204SINGLE RESIDENTIAL CONDO UNITDEED
8 Feb 2006$627,000506SINGLE RESIDENTIAL CONDO UNITDEED
13 Jan 2006$627,000506SINGLE RESIDENTIAL CONDO UNITDEED
60 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.

By year

YearTransfersMedian recordedLowestHighest
20231$1,100,000--
20224$1,525,500$1,495,000$1,630,000
20211$1,255,000--
20202$1,212,500$900,000$1,525,000
20191$1,881,000--
20171$840,000--
20162$1,316,000$782,000$1,850,000
20156$665,000$50,000$1,315,000
20143$1,492,000$45,000$1,661,000
20125$620,000$390,000$650,000
20112$618,750$499,999$737,500
20102$623,250$531,500$715,000
20092$670,000$450,000$890,000
20081$607,500--
20072$836,253$782,505$890,000
20065$627,000$495,000$739,000
20052$565,000$545,000$585,000
200410$522,000$361,000$725,000
20038$385,020$279,000$690,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 21,388 SQ FT5
Drawn from PLUTO: 5 storeys, 36,339 sq ft of building on 21,388 sq ft of lot, an average floor plate covering 34% of it. The dashed outline is the difference between the floor area ratio already built (1.7) 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
21,388 sq ft
Building area
36,339 sq ft
Residential area
36,339 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.7
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$414,000
Assessed total value
$4,058,511
Exempt value
$26,560
Assessed per residential unit
$119,368

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
R2CONDO; RESIDENTIAL UNIT IN WALK-UP BLDG.
Neighbourhood
Carroll Gardens-Cobble Hill-Gowanus-Red Hook
ZIP code
11231
Community district
Brooklyn 6
Council district
39
Coordinates
40.685951, -73.999859
05

Other buildings in Carroll Gardens-Cobble Hill-Gowanus-Red Hook

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
395 CARROLL STD71,64120230-
498 UNION STREETD765420240-
NEVINS STREETD765420240-
365 BOND STREETD642920141$380k
CREAMER STREETD737120250-
420 CARROLL STREETD736020220-
499 PRESIDENT STREETD735020230-
267 BOND STREETD734420230-
155 3 STREETD730120250-
192 DOUGLASS STREETD727420250-
251 DOUGLAS STREETD726120240-
545 SACKETT STREETD722520250-

Every building on file in Carroll Gardens-Cobble Hill-Gowanus-Red Hook