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Brooklyn / Williamsburg / 11211

778 DRIGGS AVENUE

Boro3
Block2431
Lot25
BBL3024310025
Class D1
Residential units
29
Units in total
29
Storeys
6
Year built
1915
Last alteration on file
1990
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
19 May 2010$3,606,711-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 6,720 SQ FT6
Drawn from PLUTO: 6 storeys, 33,768 sq ft of building on 6,720 sq ft of lot, an average floor plate covering 84% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,720 sq ft
Building area
33,768 sq ft
Residential area
33,768 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.03
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$48,600
Assessed total value
$931,500
Exempt value
$931,500
Assessed per residential unit
$32,121

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Williamsburg
ZIP code
11211
Community district
Brooklyn 1
Council district
34
Coordinates
40.711663, -73.961505
05

Other buildings in Williamsburg

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
420 KENT AVENUED760520161-
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1 NORTH 4 PLACED850920160-
11 WHARF WAYRM487202360$1.33m
346 KENT AVENUERM4622022118$2.69m
22 NORTH 6 STREETRX359-0-
188 MARCY AVENUED934819630-
184 KENT AVENUERM3331914417$1.16m
266 KENT AVENUERM33220180-
2 NORTHSIDE PIERSRM2672010442$1.68m
34 NORTH 6 STREETRM25120130-
236 NORTH 10 STREETD823420122-

Every building on file in Williamsburg