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Brooklyn / East New York (North) / 11207

62 PENNSYLVANIA AVENUE

Recorded on the Digital Tax Map as 50 PENN CONDOMINIUM.

Boro3
Block3669
Lot7501
BBL3036697501
Class RM
Residential units
218
Units in total
221
Storeys
9
Year built
2020
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

LOT 35,000 SQ FT9
Drawn from PLUTO: 9 storeys, 171,610 sq ft of building on 35,000 sq ft of lot, an average floor plate covering 54% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
35,000 sq ft
Building area
171,610 sq ft
Residential area
139,001 sq ft
Commercial area
32,609 sq ft
Office area
-
Retail area
32,609 sq ft
Buildings on the lot
1
Built floor area ratio
4.9
Residential FAR permitted
4
Zoning district
C4-4L
03

Assessment

Assessed land value
$1,260,000
Assessed total value
$19,022,400
Exempt value
$18,289,618
Assessed per residential unit
$87,259

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
RM
Neighbourhood
East New York (North)
ZIP code
11207
Community district
Brooklyn 5
Council district
37
Coordinates
40.676779, -73.897591

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in East New York (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2840 ATLANTIC AVENUERM32020210-
2700 ATLANTIC AVENUED623320230-
2685 ATLANTIC AVENUED622920250-
579 BLAKE AVENUED319519752-
360 WILLIAMS AVENUED118619480-
504 SUTTER AVENUERM18420220-
8 FOUNTAIN AVENUERM17320230-
2060 PITKIN AVENUED316819723-
2753 ATLANTIC AVENUED715020250-
330 HINSDALE STREETRM15019910-
355 SHEPHERD AVENUED112520230-
626 SUTTER AVENUERM10320071-

Every building on file in East New York (North)