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Brooklyn / 11207

550 SUTTER AVENUE

Boro3
Block3768
Lot18
BBL3037680018
Class D6
Residential units
30
Units in total
31
Storeys
6
Year built
1940
Last alteration on file
-
Recorded transfers
None
01

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.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 20,000 SQ FT6
Drawn from PLUTO: 6 storeys, 35,386 sq ft of building on 20,000 sq ft of lot, an average floor plate covering 29% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.77) 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
20,000 sq ft
Building area
35,386 sq ft
Residential area
29,556 sq ft
Commercial area
5,830 sq ft
Office area
5,830 sq ft
Retail area
-
Buildings on the lot
2
Built floor area ratio
1.77
Residential FAR permitted
2.43
Zoning district
C4-3
03

Assessment

Assessed land value
$315,000
Assessed total value
$1,870,200
Exempt value
$1,870,200
Assessed per residential unit
$62,340

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
-
ZIP code
11207
Community district
Brooklyn 5
Council district
42
Coordinates
40.668661, -73.898425
05

Other buildings in ZIP 11207

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
215 WORTMAN AVENUED375619550-
829 SCHENCK AVENUED374019530-
845 STANLEY AVENUED357619300-
195 COZINE AVENUED357119630-
190 COZINE AVENUERM550-0-
971 JEROME STREETRM540-0-
35 INSPIRATION LANED646020250-
875 PENNSYLVANIA AVENUED333619660-
371 WILLIAMS AVENUED333219710-
2840 ATLANTIC AVENUERM32020210-
1 VANDALIA AVENUED329319300-
270 WORTMAN AVENUED325219630-

Every building on file in ZIP 11207