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Brooklyn / Crown Heights (South) / 11225

975 WASHINGTON AVENUE

Boro3
Block1192
Lot6
BBL3011920006
Class C1
Residential units
44
Units in total
44
Storeys
4
Year built
1926
Last alteration on file
1985
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.

RecordedConsiderationUnitWhat transferredInstrument
19 Dec 2016$10,550,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 9,920 SQ FT4
Drawn from PLUTO: 4 storeys, 31,204 sq ft of building on 9,920 sq ft of lot, an average floor plate covering 79% of it. The dashed outline is the difference between the floor area ratio already built (3.15) 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
9,920 sq ft
Building area
31,204 sq ft
Residential area
31,204 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.15
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$267,750
Assessed total value
$1,978,200
Exempt value
$0
Assessed per residential unit
$44,959

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Crown Heights (South)
ZIP code
11225
Community district
Brooklyn 9
Council district
35
Coordinates
40.665672, -73.961164
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)