Brooklyn / Crown Heights (South) / 11213
988 MONTGOMERY STREET
Boro3
Block1424
Lot33
BBL3014240033
Residential units
53
Units in total
53
Storeys
6
Year built
1927
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 31 Mar 2026 | $3,672,009 | - | APARTMENT BUILDING | DEED |
| 28 May 2014 | $89,169,488 | - | APARTMENT BUILDING | RPTT&RET |
| 12 Jan 2006 | $4,681,889 | - | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- 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
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 1 | $3,672,009 | - | - |
| 2014 | 1 | $89,169,488 | - | - |
| 2006 | 1 | $4,681,889 | - | - |
02
The building on the lot
Section through the lot
Lot area
12,025 sq ft
Building area
47,164 sq ft
Residential area
47,164 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.92
Residential FAR permitted
3.44
Zoning district
R7-1
03
Assessment
Assessed land value
$297,450
Assessed total value
$1,061,550
Exempt value
$0
Assessed per residential unit
$20,029
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
Crown Heights (South)
ZIP code
11213
Community district
Brooklyn 9
Council district
41
Coordinates
40.664119, -73.932282
05
Other buildings in Crown Heights (South)
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 54 CROWN STREET | D6 | 569 | 2024 | 0 | - |
| 1089 PRESIDENT STREET | RM | 415 | 2019 | 0 | - |
| 49 CROWN STREET | D3 | 321 | 1973 | 1 | - |
| 960 FRANKLIN AVENUE | D3 | 301 | 2025 | 0 | - |
| 975 NOSTRAND AVENUE | D6 | 266 | 2023 | 0 | - |
| 1238 PRESIDENT STREET | D4 | 241 | 1972 | 0 | - |
| 931 CARROLL STREET | D1 | 214 | 2024 | 0 | - |
| 111 MONTGOMERY STREET | R2 | 163 | 2018 | 188 | $784k |
| 451 KINGSTON AVENUE | D7 | 156 | 1929 | 0 | - |
| 240 CROWN STREET | D1 | 135 | 1927 | 0 | - |
| 250 CROWN STREET | D1 | 129 | 1927 | 0 | - |
| 1702 CARROLL STREET | D4 | 125 | 1926 | 34 | $200k |