$5,700,000 Sold Jun 2026
$120,000 Assessed value
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| Building size | 750 sq ft |
|---|---|
| Building dimensions | 25 × 30 ft |
| Stories | 1 |
| Basement / garden level | No |
| Sq ft per floor | 750 sq ft |
| Year built | 1931 |
| Lot dimensions | 25 × 100 ft |
|---|---|
| Lot area | 7,500 sq ft |
| FEMA flood zone | X — moderate (0.2%/yr chance) |
| Units | 1 |
|---|---|
| Zoning | M14R6A |
| Building class | G1 |
| Block / lot | Block 399 / Lot 59 |
| Built FAR | 0.10 |
|---|---|
| Max residential FAR | 3.00 |
| Max commercial FAR | 2.00 |
| Max facility FAR | 3.00 |
| Last recorded sale | $5,700,000 (Jun 2026) |
|---|---|
| Assessed value | $120,000 |
| Tax class | 4 |
| Annual property tax | $5,475 |
| Rent regulated | Unknown |
Terms on this page, explained →
461 Baltic Street was built in 1931 — roughly 95 years old. For property-tax purposes it falls under Class 4 (commercial and industrial property), taxed at 10.848% of taxable value. At the current assessment that works out to about $5,475 per year ($456/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $5,700,000 in Jun 2026.
The building uses about 3% of the residential density its zoning allows (0.10 built FAR vs. a residential maximum of 3.00) — roughly 21,750 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value. Those figures are for residential use — the lot also carries a commercial allowance of 2.00 FAR.
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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.