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 (West) / 11216

784 MARCY AVENUE

Boro3
Block1808
Lot51
BBL3018080051
Class C7
Residential units
36
Units in total
38
Storeys
4
Year built
1931
Last alteration on file
1989
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 Oct 2015$4,611,083-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 12,500 SQ FT4
Drawn from PLUTO: 4 storeys, 22,880 sq ft of building on 12,500 sq ft of lot, an average floor plate covering 46% of it. PLUTO records 2 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 (1.83) and the residential floor area ratio of the zoning district (3). It is a diagram of recorded figures, not a picture of the building.
Lot area
12,500 sq ft
Building area
22,880 sq ft
Residential area
17,160 sq ft
Commercial area
5,720 sq ft
Office area
-
Retail area
5,720 sq ft
Buildings on the lot
2
Built floor area ratio
1.83
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$112,500
Assessed total value
$933,300
Exempt value
$770,906
Assessed per residential unit
$25,925

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
Bedford-Stuyvesant (West)
ZIP code
11216
Community district
Brooklyn 3
Council district
36
Coordinates
40.686766, -73.947847
05

Other buildings in Bedford-Stuyvesant (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1045 ATLANTIC AVENUED745620230-
1215 FULTON STREETD724020230-
372 GATES AVENUED121419230-
1134 FULTON STREETD618220171-
550 GREENE AVENUED115119840-
234 HERKIMER STREETD113919720-
963 ATLANTIC AVENUED612420210-
429 LEXINGTON AVENUEC112319700-
378 FLUSHING AVENUED112220180-
122 SANDFORD STREETD312020230-
168 FRANKLIN AVENUED111820141-
445 GRAND AVENUERM11320210-

Every building on file in Bedford-Stuyvesant (West)