555 WYTHE AVENUE

Boro3

Block2186

Lot1

BBL3021860001

Class D7

Residential units

647

Units in total

650

Storeys

Year built

1975

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 748,308 sq ft of building on 372,280 sq ft of lot, an average floor plate covering 34% of it. PLUTO records 8 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 (2.01) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.

Lot area

372,280 sq ft

Building area

748,308 sq ft

Residential area

700,395 sq ft

Commercial area

47,913 sq ft

Office area

3,677 sq ft

Retail area

10,116 sq ft

Buildings on the lot

Built floor area ratio

2.01

Residential FAR permitted

3.44

Zoning district

R7-1

Assessment

Assessed land value

$2,196,450

Assessed total value

$23,660,550

Exempt value

$23,660,550

Assessed per residential unit

$36,570

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.

Classification and location

Building class

D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES

Neighbourhood

South Williamsburg

ZIP code

11249

Community district

Brooklyn 1

Council district

Coordinates

40.703166, -73.962228

Other buildings in South Williamsburg

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
111 CLYMER STREET	D6	534	1974	1	-
88 THROOP AVENUE	RM	140	2022	0	-
626 WYTHE AVENUE	D1	138	1974	0	-
UNION AVENUE	D7	120	2022	0	-
157 WALLABOUT STREET	D1	115	2002	0	-
2 LEE AVENUE	RM	112	1998	39	$800k
55 ROSS STREET	D1	108	1974	0	-
70 CLYMER STREET	D1	103	1974	0	-
755 KENT AVENUE	RM	99	2014	48	$1000k
120 UNION AVENUE	D6	96	2015	1	-
30 TAYLOR STREET	D1	88	1974	0	-
611 WYTHE AVENUE	D1	88	1974	0	-

Every building on file in South Williamsburg