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Queens / Kew Gardens / 11415

83-30 118 STREET

Recorded on the Digital Tax Map as THE ONE EIGHTEEN CONDOMINIUM.

Boro4
Block3321
Lot7506
BBL4033217506
Class RM
Residential units
108
Units in total
143
Storeys
0
Year built
1956
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
18 Apr 2013$150,0004PSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Apr 2013$121,0002NSINGLE RESIDENTIAL COOP UNITRPTT&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 area
31,500 sq ft
Building area
94,243 sq ft
Residential area
87,442 sq ft
Commercial area
6,801 sq ft
Office area
1,443 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.99
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$526,500
Assessed total value
$4,884,298
Exempt value
$0
Assessed per residential unit
$45,225

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
RM
Neighbourhood
Kew Gardens
ZIP code
11415
Community district
Queens 9
Council district
29
Coordinates
40.706188, -73.834993

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Kew Gardens

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
125-10 QUEENS BOULEVARDRM3771960408$270k
118-18 UNION TURNPIKED42131974275$255k
123-60 83 AVENUED621019600-
83-57 118 STREETD118619400-
83-31 116 STREETD118019500-
117-01 METROPOLITAN AVENUED41681935392$356k
107-01 PARK LANE SOUTHD415219353-
83-75 118 STREETD41501954152$320k
118-60 METROPOLITAN AVENUED41481954170$265k
83-40 AUSTIN STREETD41481956175$285k
82-67 AUSTIN STREETD314419271-
123-40 83 AVENUED41321960116$292k

Every building on file in Kew Gardens