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Brooklyn / Williamsburg / 11249

74 SOUTH 4 STREET

Boro3
Block2442
Lot11
BBL3024420011
Class D2
Residential units
33
Units in total
33
Storeys
7
Year built
2009
Last alteration on file
2008
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
13 Sep 2016$22,850,000-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

LOT 11,883 SQ FT7
Drawn from PLUTO: 7 storeys, 35,000 sq ft of building on 11,883 sq ft of lot, an average floor plate covering 42% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,883 sq ft
Building area
35,000 sq ft
Residential area
32,025 sq ft
Commercial area
2,975 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.95
Residential FAR permitted
2.43
Zoning district
M1-2/R6
03

Assessment

Assessed land value
$400,950
Assessed total value
$4,355,100
Exempt value
$834,642
Assessed per residential unit
$131,973

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
D2ELEVATOR APT; ARTISTS IN RESIDENCE
Neighbourhood
Williamsburg
ZIP code
11249
Community district
Brooklyn 1
Council district
34
Coordinates
40.712452, -73.965346
05

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Every building on file in Williamsburg