apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Brooklyn / Bedford-Stuyvesant (East) / 11206

721 WILLOUGHBY AVENUE

Boro3
Block1588
Lot1
BBL3015880001
Class D6
Residential units
267
Units in total
272
Storeys
4
Year built
1976
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
7 Nov 2012$18,850,000-APARTMENT 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 130,000 SQ FT4
Drawn from PLUTO: 4 storeys, 290,715 sq ft of building on 130,000 sq ft of lot, an average floor plate covering 56% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.24) 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
130,000 sq ft
Building area
290,715 sq ft
Residential area
285,000 sq ft
Commercial area
5,715 sq ft
Office area
-
Retail area
5,715 sq ft
Buildings on the lot
3
Built floor area ratio
2.24
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$468,000
Assessed total value
$17,301,600
Exempt value
$17,301,600
Assessed per residential unit
$64,800

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Bedford-Stuyvesant (East)
ZIP code
11206
Community district
Brooklyn 3
Council district
36
Coordinates
40.695397, -73.939181
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
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-
311 MARCUS GARVEY BLVDD116019723-

Every building on file in Bedford-Stuyvesant (East)