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Brooklyn / Bedford-Stuyvesant (East) / 11221

99 PATCHEN AVENUE

Boro3
Block1638
Lot6
BBL3016380006
Class D1
Residential units
104
Units in total
104
Storeys
6
Year built
1975
Last alteration on file
-
Recorded transfers
4 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
5 Apr 2012$6,796,852-APARTMENT BUILDINGDEED
14 Jul 2005$1,658,149-APARTMENT BUILDINGDEED
14 Jul 2005$10-APARTMENT BUILDINGDEED
14 Jul 2005$10-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20121$6,796,852--
20053$10$10$1,658,149
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 49,400 SQ FT6
Drawn from PLUTO: 6 storeys, 106,804 sq ft of building on 49,400 sq ft of lot, an average floor plate covering 36% of it. The dashed outline is the difference between the floor area ratio already built (2.16) and the residential floor area ratio of the zoning district (3). It is a diagram of recorded figures, not a picture of the building.
Lot area
49,400 sq ft
Building area
106,804 sq ft
Residential area
106,804 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.16
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$555,750
Assessed total value
$3,251,250
Exempt value
$3,251,250
Assessed per residential unit
$31,262

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
Bedford-Stuyvesant (East)
ZIP code
11221
Community district
Brooklyn 3
Council district
41
Coordinates
40.688785, -73.926217
05

Other buildings in Bedford-Stuyvesant (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
88 CHAUNCEY STREETD128719742-
721 WILLOUGHBY AVENUED626719761-
VERNON AVENUED626719760-
942 DEKALB AVENUED324819620-
FULTON STREETD124819800-
95 MARCUS GARVEY BLVDD323419510-
1100 MYRTLE AVENUERM23320220-
FULTON STREETD1213-0-
75 LEWIS AVENUED720520210-
510 QUINCY STREETD719219740-
113 LEWIS AVENUED318719640-
281 MARCUS GARVEY BLVDD117519723-

Every building on file in Bedford-Stuyvesant (East)