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Brooklyn / 11212

505 ROCKAWAY PARKWAY

Boro3
Block4718
Lot36
BBL3047180036
Class D7
Residential units
54
Units in total
56
Storeys
6
Year built
1931
Last alteration on file
2007
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
5 May 2006$9,200,000-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 FT6
Drawn from PLUTO: 6 storeys, 45,318 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 76% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
45,318 sq ft
Residential area
41,239 sq ft
Commercial area
4,079 sq ft
Office area
4,079 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.53
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$135,000
Assessed total value
$1,753,650
Exempt value
$0
Assessed per residential unit
$32,475

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
-
ZIP code
11212
Community district
Brooklyn 17
Council district
42
Coordinates
40.656215, -73.914154
05

Other buildings in ZIP 11212

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
263 LIVONIA AVENUED399719540-
1596 EAST NEW YORK AVENUED381519540-
619 ROCKAWAY AVENUED372019750-
373 MOTHER GASTON BLVDD362819530-
284 ROCKAWAY AVENUED361819540-
430 DUMONT AVENUED359119480-
163 CHRISTOPHER AVENUED353619670-
766 BLAKE AVENUED152519580-
28 BELMONT AVENUED147519540-
96 NEW LOTS AVERM46920180-
1022 EAST 93 STREETD743819761-
1407 LINDEN BOULEVARDD442319580-

Every building on file in ZIP 11212