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Queens / Elmhurst / 11373

87-12 GRAND AVENUE

Boro4
Block2851
Lot7501
BBL4028517501
Class RM
Residential units
20
Units in total
27
Storeys
6
Year built
1986
Last alteration on file
-
Recorded transfers
9 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
15 Oct 2015$230,0005ASINGLE RESIDENTIAL CONDO UNITDEED
10 Oct 2014$226,0003CSINGLE RESIDENTIAL CONDO UNITDEED
3 Oct 2014$225,0002ASINGLE RESIDENTIAL CONDO UNITDEED
21 Jun 2012$220,0003ASINGLE RESIDENTIAL CONDO UNITDEED
12 Jan 2007$301,0004DSINGLE RESIDENTIAL CONDO UNITDEED
14 Apr 2005$280,0004DMULTIPLE RESIDENTIAL CONDO UNTDEEDO
2 Jun 2004$215,0003CSINGLE RESIDENTIAL CONDO UNITDEED
29 Jul 2003$182,0003ASINGLE RESIDENTIAL CONDO UNITDEED
12 May 2003$182,0005ASINGLE RESIDENTIAL CONDO UNITDEED
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
20151$230,000--
20142$225,500$225,000$226,000
20121$220,000--
20071$301,000--
20051$280,000--
20041$215,000--
20032$182,000$182,000$182,000
02

The building on the lot

Section through the lot

LOT 10,450 SQ FT6
Drawn from PLUTO: 6 storeys, 20,419 sq ft of building on 10,450 sq ft of lot, an average floor plate covering 33% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,450 sq ft
Building area
20,419 sq ft
Residential area
15,275 sq ft
Commercial area
5,144 sq ft
Office area
4,416 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.95
Residential FAR permitted
1
Zoning district
R4
03

Assessment

Assessed land value
$185,853
Assessed total value
$1,388,703
Exempt value
$0
Assessed per residential unit
$69,435

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
Elmhurst
ZIP code
11373
Community district
Queens 4
Council district
30
Coordinates
40.736083, -73.877794

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 Elmhurst

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
72-01 QUEENS BOULEVARDD637120220-
79-11 41 AVENUED135319582-
80-15 41 AVENUED727619592-
94-31 60 AVENUERM264-0-
83-30 VIETOR AVENUED42021963183$303k
83-45 BROADWAYD719319560-
40-40 79 STREETD119219561-
94-11 59 AVENUED41851964170$292k
88-31 55TH AVENUERM1842017180$653k
44-05 MACNISH STREETD41691951155$305k
41-50 78 STREETD41651951106$240k
89-50 56 AVENUED716519631-

Every building on file in Elmhurst