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Brooklyn / Sunset Park (Central) / 11220

702 54 STREET

Boro3
Block826
Lot5
BBL3008260005
Class C7
Residential units
39
Units in total
45
Storeys
4
Year built
1911
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

PERMITTED, NOT BUILTLOT 10,000 SQ FT4
Drawn from PLUTO: 4 storeys, 31,926 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 80% of it. The dashed outline is the difference between the floor area ratio already built (3.19) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
31,926 sq ft
Residential area
29,050 sq ft
Commercial area
2,876 sq ft
Office area
-
Retail area
2,876 sq ft
Buildings on the lot
1
Built floor area ratio
3.19
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$78,750
Assessed total value
$360,000
Exempt value
$0
Assessed per residential unit
$9,231

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 (Central)
ZIP code
11220
Community district
Brooklyn 7
Council district
43
Coordinates
40.63988, -74.008168
05

Other buildings in Sunset Park (Central)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
6002 FT HAMILTON PARKWAYRM9219200-
416 63RD STREETRM8420210-
420 28 STREETRM761990108$535k
637 41 STREETC668192463$525k
549 41 STREETC660192754$490k
702 44 STREETR454193169$345k
6113 5 AVENUEC74919260-
609 45 STREETC74819231-
5314 6 AVENUED54519281-
4002 7 AVENUEC644192544$520k
4011 7 AVENUEC64419240-
579 61 STREETC14419271-

Every building on file in Sunset Park (Central)