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Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11218

51 STRATFORD ROAD

Boro3
Block5072
Lot41
BBL3050720041
Class C1
Residential units
42
Units in total
42
Storeys
4
Year built
1925
Last alteration on file
1981
Recorded transfers
4 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
18 Jun 2024$4,494,076-APARTMENT BUILDINGRPTT&RET
17 Jun 2024$793,072-APARTMENT BUILDINGRPTT&RET
31 Oct 2019$5,086,51442APARTMENT BUILDINGRPTT
14 Feb 2007$3,650,000-APARTMENT BUILDINGDEED
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20242$2,643,574$793,072$4,494,076
20191$5,086,514--
20071$3,650,000--
02

The building on the lot

Section through the lot

LOT 12,000 SQ FT4
Drawn from PLUTO: 4 storeys, 32,704 sq ft of building on 12,000 sq ft of lot, an average floor plate covering 68% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,000 sq ft
Building area
32,704 sq ft
Residential area
32,704 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.73
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$459,000
Assessed total value
$1,232,550
Exempt value
$0
Assessed per residential unit
$29,346

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
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11218
Community district
Brooklyn 14
Council district
40
Coordinates
40.647603, -73.969135
05

Other buildings in Flatbush (West)-Ditmas Park-Parkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
570 WESTMINSTER ROADD41851935135$549k
870 OCEAN PARKWAYD118319750-
345 WEBSTER AVENUED4145195979$345k
400 ARGYLE ROADD113819591-
405 WESTMINSTER ROADD113819601-
1802 NEWKIRK AVENUED41341958175$495k
820 OCEAN PARKWAYD41321961113$370k
855 EAST 7 STREETD41311963121$280k
60 TURNER PLACED113019610-
435 CONEY ISLAND AVENUED612820230-
763 OCEAN PARKWAYD4124193776$333k
1326 OCEAN AVENUED311620170-

Every building on file in Flatbush (West)-Ditmas Park-Parkville