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Brooklyn / Sunset Park (West) / 11232

647 4 AVENUE

Boro3
Block637
Lot3
BBL3006370003
Class C7
Residential units
20
Units in total
22
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
23 Dec 2008$2,400,00020APARTMENT 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

PERMITTED, NOT BUILTLOT 4,500 SQ FT4
Drawn from PLUTO: 4 storeys, 16,000 sq ft of building on 4,500 sq ft of lot, an average floor plate covering 89% of it. The dashed outline is the difference between the floor area ratio already built (3.56) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,500 sq ft
Building area
16,000 sq ft
Residential area
13,900 sq ft
Commercial area
2,100 sq ft
Office area
-
Retail area
2,100 sq ft
Buildings on the lot
1
Built floor area ratio
3.56
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$101,250
Assessed total value
$1,125,450
Exempt value
$0
Assessed per residential unit
$56,273

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Sunset Park (West)
ZIP code
11232
Community district
Brooklyn 7
Council district
38
Coordinates
40.663318, -73.994554
05

Other buildings in Sunset Park (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
737 4TH AVENUED618720240-
725 4 AVENUEC716419280-
867 4 AVENUED315020200-
635 4 AVENUED79120160-
691 4 AVENUED68420250-
405 44 STREETD98020072-
181 18TH STREETRM73201885$873k
4112 4 AVENUEC75719282-
6020 3RD AVENUED65320210-
4919 4 AVENUED75120250-
5108 4TH AVENUERM5020190-
417 40 STREETC14919381-

Every building on file in Sunset Park (West)