Brooklyn / Downtown Brooklyn-DUMBO-Boerum Hill / 11201

503 FULTON STREET

Recorded on the Digital Tax Map as 503 FULTON STREET CONDOMINIUM.

Boro3

Block145

Lot7501

BBL3001457501

Class RMINDIVIDUAL LANDMARK

Residential units

121

Units in total

122

Storeys

Year built

1930

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 7 storeys, 266,456 sq ft of building on 46,046 sq ft of lot, an average floor plate covering 83% of it. The dashed outline is the difference between the floor area ratio already built (5.79) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.

Lot area

46,046 sq ft

Building area

266,456 sq ft

Residential area

139,188 sq ft

Commercial area

127,268 sq ft

Office area

Retail area

127,268 sq ft

Buildings on the lot

Built floor area ratio

5.79

Residential FAR permitted

Zoning district

C6-4.5

Assessment

Assessed land value

$7,200,000

Assessed total value

$35,405,550

Exempt value

$13,764,600

Assessed per residential unit

$292,608

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

Building class

Neighbourhood

Downtown Brooklyn-DUMBO-Boerum Hill

ZIP code

11201

Community district

Brooklyn 2

Council district

Coordinates

40.69096, -73.98488

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

Other buildings in Downtown Brooklyn-DUMBO-Boerum Hill

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
175 ADAMS STREET	D4	1,022	1950	928	$563k
100 WILLOUGHBY STREET	RM	826	2014	0	-
350 LIVINGSTON STREET	D7	750	2014	1	-
85 JAY STREET	RM	727	2018	328	$1.88m
33 BOND STREET	RM	714	2015	0	-
7 DEKALB AVENUE	RM	690	2011	0	-
343 GOLD STREET	D7	631	2011	0	-
MYRTLE AVENUE	D1	542	1939	0	-
9 DEKALB AVENUE	RM	541	2021	46	$1.44m
111 LAWRENCE STREET	D7	492	2009	0	-
90 SANDS STREET	D9	491	1992	0	-
11 HOYT STREET	RM	480	2018	599	$1.42m

Every building on file in Downtown Brooklyn-DUMBO-Boerum Hill