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Brooklyn / Bedford-Stuyvesant (East) / 11233

575 HANCOCK STREET

Boro3
Block1656
Lot1
BBL3016560001
Class C1Bedford Stuyvesant / Expanded Stuyvesant Heights Historic District
Residential units
23
Units in total
23
Storeys
4
Year built
1921
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
20 Jul 2005$10-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 6,000 SQ FT4
Drawn from PLUTO: 4 storeys, 21,600 sq ft of building on 6,000 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,000 sq ft
Building area
21,600 sq ft
Residential area
21,600 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.6
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$81,000
Assessed total value
$499,950
Exempt value
$418,950
Assessed per residential unit
$21,737

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
Bedford-Stuyvesant (East)
ZIP code
11233
Community district
Brooklyn 3
Council district
36
Coordinates
40.684765, -73.932117
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)