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Queens / Jamaica / 11432

89-23 171 STREET

Boro4
Block9807
Lot73
BBL4098070073
Class D4
Residential units
141
Units in total
141
Storeys
6
Year built
1962
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
1 Mar 2017$128,5002VSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Dec 2014$130,0002WSINGLE 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.

By year

YearTransfersMedian recordedLowestHighest
20171$128,500--
20141$130,000--
02

The building on the lot

Section through the lot

LOT 37,431 SQ FT6
Drawn from PLUTO: 6 storeys, 145,446 sq ft of building on 37,431 sq ft of lot, an average floor plate covering 65% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
37,431 sq ft
Building area
145,446 sq ft
Residential area
145,446 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.89
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$673,650
Assessed total value
$6,051,150
Exempt value
$6,590
Assessed per residential unit
$42,916

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
27
Coordinates
40.709617, -73.789547
05

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Every building on file in Jamaica