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Brooklyn / Park Slope / 11215

503 12 STREET

Boro3
Block1097
Lot56
BBL3010970056
Class C1Park Slope Historic District
Residential units
34
Units in total
34
Storeys
4
Year built
1916
Last alteration on file
-
Recorded transfers
1 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
1 Dec 2020$11,100,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 10,000 SQ FT4
Drawn from PLUTO: 4 storeys, 30,047 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 75% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
30,047 sq ft
Residential area
30,047 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$360,000
Assessed total value
$3,211,200
Exempt value
$0
Assessed per residential unit
$94,447

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Park Slope
ZIP code
11215
Community district
Brooklyn 6
Council district
39
Coordinates
40.663393, -73.979054
05

Other buildings in Park Slope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
18 SIXTH AVERM85820190-
445 5TH AVENUERM754192022$1.71m
461 DEAN STREETD836320132-
38 SIXTH AVENUERM30320162$17.9m
85 4TH AVENUED624720250-
128 5 AVENUED718020230-
341 10 STREETD315419680-
535 4 AVENUED714820150-
35 4 AVENUED614320220-
10 PLAZA ST EASTD41341959100$896k
357 9 STREETRM13119200-
343 4 AVENUERM1132006220$1.18m

Every building on file in Park Slope