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Brooklyn / Sunset Park (Central) / 11220

553 58 STREET

Boro3
Block848
Lot54
BBL3008480054
Class C1
Residential units
24
Units in total
24
Storeys
4
Year built
1911
Last alteration on file
-
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
28 May 2015$4,600,000-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 6,010 SQ FT4
Drawn from PLUTO: 4 storeys, 17,344 sq ft of building on 6,010 sq ft of lot, an average floor plate covering 72% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,010 sq ft
Building area
17,344 sq ft
Residential area
17,344 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.89
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$35,550
Assessed total value
$883,800
Exempt value
$0
Assessed per residential unit
$36,825

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
Sunset Park (Central)
ZIP code
11220
Community district
Brooklyn 7
Council district
38
Coordinates
40.639992, -74.01348
05

Other buildings in Sunset Park (Central)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
6002 FT HAMILTON PARKWAYRM9219200-
416 63RD STREETRM8420210-
420 28 STREETRM761990108$535k
637 41 STREETC668192463$525k
549 41 STREETC660192754$490k
702 44 STREETR454193169$345k
6113 5 AVENUEC74919260-
609 45 STREETC74819231-
5314 6 AVENUED54519281-
4002 7 AVENUEC644192544$520k
4011 7 AVENUEC64419240-
579 61 STREETC14419271-

Every building on file in Sunset Park (Central)