Residential units
52
Units in total
52
Storeys
6
Year built
1995
Last alteration on file
1996
Recorded transfers
1 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 15 Oct 2018 | $8,788,330 | - | APARTMENT BUILDING | RPTT&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.
02
The building on the lot
Section through the lot
Lot area
27,000 sq ft
Building area
60,000 sq ft
Residential area
60,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.22
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$364,500
Assessed total value
$3,506,850
Exempt value
$3,506,850
Assessed per residential unit
$67,439
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
South Williamsburg
ZIP code
11206
Community district
Brooklyn 1
Council district
33
Coordinates
40.701592, -73.944845
05
Other buildings in South Williamsburg
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 555 WYTHE AVENUE | D7 | 647 | 1975 | 0 | - |
| 111 CLYMER STREET | D6 | 534 | 1974 | 1 | - |
| 88 THROOP AVENUE | RM | 140 | 2022 | 0 | - |
| 626 WYTHE AVENUE | D1 | 138 | 1974 | 0 | - |
| UNION AVENUE | D7 | 120 | 2022 | 0 | - |
| 157 WALLABOUT STREET | D1 | 115 | 2002 | 0 | - |
| 2 LEE AVENUE | RM | 112 | 1998 | 39 | $800k |
| 55 ROSS STREET | D1 | 108 | 1974 | 0 | - |
| 70 CLYMER STREET | D1 | 103 | 1974 | 0 | - |
| 755 KENT AVENUE | RM | 99 | 2014 | 48 | $1000k |
| 120 UNION AVENUE | D6 | 96 | 2015 | 1 | - |
| 30 TAYLOR STREET | D1 | 88 | 1974 | 0 | - |