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Brooklyn / Greenpoint / 11222

85 COMMERCIAL STREET

Recorded on the Digital Tax Map as 77 COMMERCIAL STREET CONDOMINIUM.

Boro3
Block2472
Lot7505
BBL3024727505
Class RM
Residential units
766
Units in total
768
Storeys
40
Year built
2021
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 112,000 SQ FT40
Drawn from PLUTO: 40 storeys, 607,211 sq ft of building on 112,000 sq ft of lot, an average floor plate covering 14% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
112,000 sq ft
Building area
607,211 sq ft
Residential area
597,036 sq ft
Commercial area
10,175 sq ft
Office area
-
Retail area
5,298 sq ft
Buildings on the lot
3
Built floor area ratio
5.42
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$6,048,000
Assessed total value
$96,291,901
Exempt value
$94,379,896
Assessed per residential unit
$125,707

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
Greenpoint
ZIP code
11222
Community district
Brooklyn 1
Council district
33
Coordinates
40.737987, -73.957077

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 Greenpoint

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
0 WEST STREETD683420230-
1 EAGLE STREETD674520200-
60 WHARF DRIVED755420200-
21 INDIA STREETRM4632017121$1.88m
41 BLUE SLIPD742120180-
COMMERCIAL STREETD741420190-
16 DUPONT STREETD738120230-
35 COMMERCIAL STREETRM37320220-
1 BLUE SLIPRR35920170-
23 WEST STREETD721620190-
1133 MANHATTAN AVENUED721020131-
65 DUPONT STREETD720620240-

Every building on file in Greenpoint