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Brooklyn / East New York-City Line / 11208

671 LINCOLN AVENUE

Boro3
Block4271
Lot5
BBL3042710005
Class D7
Residential units
319
Units in total
322
Storeys
20
Year built
1971
Last alteration on file
-
Recorded transfers
2 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
30 Dec 2024$87,737,978-APARTMENT BUILDINGDEED
9 Apr 2008$50,575,503-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20241$87,737,978--
20081$50,575,503--
02

The building on the lot

Section through the lot

LOT 86,390 SQ FT20
Drawn from PLUTO: 20 storeys, 361,644 sq ft of building on 86,390 sq ft of lot, an average floor plate covering 21% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
86,390 sq ft
Building area
361,644 sq ft
Residential area
345,920 sq ft
Commercial area
15,724 sq ft
Office area
-
Retail area
15,724 sq ft
Buildings on the lot
1
Built floor area ratio
4.19
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$427,500
Assessed total value
$9,600,750
Exempt value
$9,600,750
Assessed per residential unit
$30,096

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
East New York-City Line
ZIP code
11208
Community district
Brooklyn 5
Council district
42
Coordinates
40.67288, -73.865945
05

Other buildings in East New York-City Line

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
901 DREW STREETRM322-0-
902 DREW STREETRM26019880-
2858 LINDEN BLVDRM23420180-
783 ELDERT LANED118020090-
573 EMERALD STREETRR16020210-
583 EMERALD STREETD115620230-
437 EUCLID AVENUERM13520230-
1451 SUTTER AVENUED68520250-
628 ELDERT LANED36420150-
642 ELDERT LANED36420150-
2791 LINDEN BOULEVARDC14819642-
115 FOUNTAIN AVENUEC14320091-

Every building on file in East New York-City Line