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Queens / 11692

SHORE FRONT PARKWAY

Boro4
Block15926
Lot1
BBL4159260001
Class D3
Residential units
1,091
Units in total
1,091
Storeys
19
Year built
1974
Last alteration on file
-
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
9 Nov 2012$113,074,508-APARTMENT BUILDINGRPTT&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

PERMITTED, NOT BUILTLOT 589,394 SQ FT19
Drawn from PLUTO: 19 storeys, 1,085,148 sq ft of building on 589,394 sq ft of lot, an average floor plate covering 10% of it. PLUTO records 37 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.84) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
589,394 sq ft
Building area
1,085,148 sq ft
Residential area
1,060,148 sq ft
Commercial area
25,000 sq ft
Office area
-
Retail area
25,000 sq ft
Buildings on the lot
37
Built floor area ratio
1.84
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$10,609,200
Assessed total value
$47,835,450
Exempt value
$47,835,450
Assessed per residential unit
$43,846

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
11692
Community district
Queens 14
Council district
31
Coordinates
40.590717, -73.787495
05

Other buildings in ZIP 11692

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
56-10 BEACH CHANNEL DRIVED381319600-
150 BEACH 77 STREETD455419680-
7600 SHORE FRONT PARKWAYD455419680-
301 BEACH 54 STREETD341819640-
324 BEACH 59 STREETD434219600-
71-15 BEACH CHANNEL DRIVED317419640-
190 BEACH 69 STREETD612620170-
BEACH CHANNEL DRIVED312220250-
6804 TIDES ROADD68820200-
127 BEACH 61 STREETR372-178$430k
333 BEACH 67 STREETD12620051-
134 BEACH 60 STREETR320-0-

Every building on file in ZIP 11692