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Brooklyn / Bedford-Stuyvesant (East) / 11233

88 CHAUNCEY STREET

Boro3
Block1691
Lot12
BBL3016910012
Class D1
Residential units
287
Units in total
287
Storeys
6
Year built
1974
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
24 Jun 2025$68,400,000-APARTMENT BUILDINGRPTT&RET
3 Mar 2015$38,300,000-APARTMENT BUILDINGRPTT&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.

By year

YearTransfersMedian recordedLowestHighest
20251$68,400,000--
20151$38,300,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 167,500 SQ FT6
Drawn from PLUTO: 6 storeys, 277,200 sq ft of building on 167,500 sq ft of lot, an average floor plate covering 28% of it. PLUTO records 4 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.65) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
167,500 sq ft
Building area
277,200 sq ft
Residential area
277,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
4
Built floor area ratio
1.65
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$390,150
Assessed total value
$13,306,500
Exempt value
$13,306,500
Assessed per residential unit
$46,364

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
Bedford-Stuyvesant (East)
ZIP code
11233
Community district
Brooklyn 3
Council district
36
Coordinates
40.679861, -73.929717
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-
311 MARCUS GARVEY BLVDD116019723-

Every building on file in Bedford-Stuyvesant (East)