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Brooklyn / Crown Heights (South) / 11225

941 WASHINGTON AVENUE

Boro3
Block1192
Lot18
BBL3011920018
Class D7
Residential units
52
Units in total
55
Storeys
6
Year built
1925
Last alteration on file
-
Recorded transfers
3 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
28 Feb 2018$20,050,000-APARTMENT BUILDINGDEED
12 Dec 2007$7,800,000-APARTMENT BUILDINGDEED
2 Aug 2004$4,100,00052APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20181$20,050,000--
20071$7,800,000--
20041$4,100,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 21,014 SQ FT6
Drawn from PLUTO: 6 storeys, 65,000 sq ft of building on 21,014 sq ft of lot, an average floor plate covering 52% of it. The dashed outline is the difference between the floor area ratio already built (3.09) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
21,014 sq ft
Building area
65,000 sq ft
Residential area
61,850 sq ft
Commercial area
3,150 sq ft
Office area
-
Retail area
3,150 sq ft
Buildings on the lot
1
Built floor area ratio
3.09
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$166,050
Assessed total value
$4,600,350
Exempt value
$0
Assessed per residential unit
$88,468

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
Crown Heights (South)
ZIP code
11225
Community district
Brooklyn 9
Council district
35
Coordinates
40.66632, -73.961247
05

Other buildings in Crown Heights (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
54 CROWN STREETD656920240-
1089 PRESIDENT STREETRM41520190-
49 CROWN STREETD332119731-
960 FRANKLIN AVENUED330120250-
975 NOSTRAND AVENUED626620230-
1238 PRESIDENT STREETD424119720-
931 CARROLL STREETD121420240-
111 MONTGOMERY STREETR21632018188$784k
451 KINGSTON AVENUED715619290-
240 CROWN STREETD113519270-
250 CROWN STREETD112919270-
1702 CARROLL STREETD4125192634$200k

Every building on file in Crown Heights (South)