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Brooklyn / Gravesend (West) / 11214

8700 25 AVENUE

Boro3
Block6878
Lot48
BBL3068780048
Class D7
Residential units
123
Units in total
125
Storeys
7
Year built
1963
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
23 Jul 2020$20,750,000-APARTMENT BUILDINGDEED
4 May 2004$11,586,969-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20201$20,750,000--
20041$11,586,969--
02

The building on the lot

Section through the lot

LOT 38,668 SQ FT7
Drawn from PLUTO: 7 storeys, 130,870 sq ft of building on 38,668 sq ft of lot, an average floor plate covering 48% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
38,668 sq ft
Building area
130,870 sq ft
Residential area
119,570 sq ft
Commercial area
11,300 sq ft
Office area
1,300 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.38
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$696,150
Assessed total value
$4,939,650
Exempt value
$0
Assessed per residential unit
$40,160

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Gravesend (West)
ZIP code
11214
Community district
Brooklyn 11
Council district
43
Coordinates
40.595859, -73.989745
05

Other buildings in Gravesend (West)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2230 CROPSEY AVENUERM24820220-
8855 BAY PARKWAYD316419581-
2286 CROPSEY AVENUERM151201981$781k
268 BAY 38 STREETD114019635-
225 AVENUE TD412519600-
275 BAY 37 STREETD111219640-
1701 WEST 3 STREETD110719402-
2224 CROPSEY AVENUED110720230-
8645 BAY PARKWAYD110119500-
1780 WEST 3 STREETD19919620-
8301 BAY PARKWAYD19419281-
130 AVENUE PD18819320-

Every building on file in Gravesend (West)