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Brooklyn / Bedford-Stuyvesant (East) / 11221

716 JEFFERSON AVENUE

Boro3
Block1657
Lot19
BBL3016570019
Class C1
Residential units
20
Units in total
20
Storeys
4
Year built
1910
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
29 May 2013$2,650,000-APARTMENT BUILDINGDEED
24 Jun 2005$1,750,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20131$2,650,000--
20051$1,750,000--
02

The building on the lot

Section through the lot

LOT 5,000 SQ FT4
Drawn from PLUTO: 4 storeys, 17,600 sq ft of building on 5,000 sq ft of lot, an average floor plate covering 88% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,000 sq ft
Building area
17,600 sq ft
Residential area
17,600 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.52
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$67,500
Assessed total value
$733,950
Exempt value
$0
Assessed per residential unit
$36,698

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Bedford-Stuyvesant (East)
ZIP code
11221
Community district
Brooklyn 3
Council district
36
Coordinates
40.685515, -73.928611
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)