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Brooklyn / Sunset Park (West) / 11232

679 4 AVENUE

Recorded on the Digital Tax Map as THE IULIANO TOWER CONDOMINIUM.

Boro3
Block643
Lot7506
BBL3006437506
Class RM
Residential units
22
Units in total
27
Storeys
9
Year built
2005
Last alteration on file
2004
Recorded transfers
4 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 2010$320,0005ASINGLE RESIDENTIAL CONDO UNITDEED
30 Dec 2010$320,0006ASINGLE RESIDENTIAL CONDO UNITDEED
30 Dec 2010$295,0007ASINGLE RESIDENTIAL CONDO UNITDEED
30 Dec 2010$295,0008ASINGLE RESIDENTIAL CONDO UNITDEED
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 4,379 SQ FT9
Drawn from PLUTO: 9 storeys, 21,159 sq ft of building on 4,379 sq ft of lot, an average floor plate covering 54% of it. The dashed outline is the difference between the floor area ratio already built (4.83) 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
4,379 sq ft
Building area
21,159 sq ft
Residential area
19,263 sq ft
Commercial area
1,896 sq ft
Office area
-
Retail area
1,284 sq ft
Buildings on the lot
1
Built floor area ratio
4.83
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$78,749
Assessed total value
$2,036,248
Exempt value
$2,004,956
Assessed per residential unit
$92,557

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
Sunset Park (West)
ZIP code
11232
Community district
Brooklyn 7
Council district
38
Coordinates
40.662341, -73.995498

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 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)