1224 AVENUE V
BBL 3073720008 · Class A9 · Built 1920 · 2 floors · ROBERT FRASTAI 2013 IRREVOCABLE TRUST
1224 AVENUE V is a property in New York City zoned R4. The R4 classification is Residential R4. The structure was built in 1920. It has 2 floors. The building contains 1,024 square feet. Built FAR is 0.51 of 1 maximum allowed. Assessed value is $49,800. Last sold for $1,150,000 in July 2023. Located in Council District 48.
You can build 4,000 sf as-of-right. The lot uses 26% of it today.
Governing use: community facility at FAR 2.00 on a 2,000 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
3 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jul 17, 2023 | DEED | $1,150,000 | WAYNE, KATHLEEN M→FRASTAI, TRUSTEE, CLAIRE |
| Nov 13, 1986 | DEED | — | WAYNE, RAYMOND VAL JR→WAYNE, KATHLEEN M |
| Nov 15, 1967 | DEED | — | CALLAHAN MAY C→WAYNE KATHLEEN M |