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Brooklyn / Prospect Lefferts Gardens-Wingate / 11225

552 FLATBUSH AVENUE

Boro3
Block5026
Lot70
BBL3050260070
Class D7
Residential units
65
Units in total
71
Storeys
6
Year built
1926
Last alteration on file
2004
Recorded transfers
2 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
16 Dec 2010$7,500,000-APARTMENT BUILDINGDEED
24 Jan 2006$5,151,550-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20101$7,500,000--
20061$5,151,550--
02

The building on the lot

Section through the lot

LOT 12,600 SQ FT6
Drawn from PLUTO: 6 storeys, 57,122 sq ft of building on 12,600 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
12,600 sq ft
Building area
57,122 sq ft
Residential area
47,602 sq ft
Commercial area
9,520 sq ft
Office area
-
Retail area
9,520 sq ft
Buildings on the lot
1
Built floor area ratio
4.53
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$538,650
Assessed total value
$2,255,850
Exempt value
$0
Assessed per residential unit
$34,705

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
Prospect Lefferts Gardens-Wingate
ZIP code
11225
Community district
Brooklyn 9
Council district
40
Coordinates
40.660259, -73.960947
05

Other buildings in Prospect Lefferts Gardens-Wingate

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
811 RUTLAND ROADD429419530-
590 FLATBUSH AVENUED327219620-
626 FLATBUSH AVENUED625420140-
710 EAST NEW YORK AVENUED923019680-
580 FLATBUSH AVENUED322419620-
446 KINGSTON AVENUED41931928166$310k
636 BROOKLYN AVENUED416019590-
367 CLARKSON AVERM15020240-
80 WINTHROP STREETD41441927158$387k
601 ALBANY AVENUED114319550-
1125 WASHINGTON AVENUED113219381-
225 PARKSIDE AVENUED712619233-

Every building on file in Prospect Lefferts Gardens-Wingate