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Brooklyn / Crown Heights (North) / 11216

796 STERLING PLACE

Boro3
Block1247
Lot11
BBL3012470011
Class D1
Residential units
82
Units in total
82
Storeys
5
Year built
2007
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
9 Aug 2022$24,000,000-APARTMENT BUILDINGDEED
20 Feb 2003$750,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20221$24,000,000--
20031$750,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 27,249 SQ FT5
Drawn from PLUTO: 5 storeys, 61,565 sq ft of building on 27,249 sq ft of lot, an average floor plate covering 45% of it. The dashed outline is the difference between the floor area ratio already built (2.26) 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
27,249 sq ft
Building area
61,565 sq ft
Residential area
61,565 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.26
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$491,400
Assessed total value
$3,799,800
Exempt value
$3,626,708
Assessed per residential unit
$46,339

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
Crown Heights (North)
ZIP code
11216
Community district
Brooklyn 8
Council district
35
Coordinates
40.672311, -73.952238
05

Other buildings in Crown Heights (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1880 PACIFIC STREETD11,16819500-
953 DEAN STREETD724020230-
1034 ATLANTIC AVENUED723720240-
805 ST MARKS AVENUED120019243-
564 ST JOHNS PLACED119320152-
409 EASTERN PARKWAYRM18620160-
1733 BERGEN STREETD118419500-
769 ST MARKS AVENUED118019242-
998-1010 PACIFIC STREETD317520220-
545 PROSPECT PLACED515919300-
230 KINGSTON AVENUED915219820-
497 ST MARKS AVENUED114720140-

Every building on file in Crown Heights (North)