521 SHIPPAN AVENUE
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Location
521 SHIPPAN AVENUE
Mblu
003/ 6703/ / /
Acct#
003-6703
Owner
SHIPPAN PLACE PRESERVATION LLC
Total Market Value
$23,029,780
Appraisal
$32,899,700
PID
15284
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$29,190,580$3,709,120$32,899,700
Assessment
Valuation YearImprovementsLandTotal
2025$20,433,400$2,596,380$23,029,780

Owner of Record
OwnerSHIPPAN PLACE PRESERVATION LLC
Co-Owner
Address551 FIFTH AVENUE 23RD FLOOR
NEW YORK, NY 10176-2604
Sale Price$0
Book & Page 13444/058
Sale Date12/27/2024
Instrument25

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
SHIPPAN PLACE PRESERVATION LLC$013444/0582512/27/2024
RAHF IV SHIPPAN LLC$17,082,42611745/02810006/07/2017
FOREST CITY SOUND VIEW ASSOCS$01835/02282504/30/1979

Building Information
Building 1 : Section 1
Year Built: 1979
Living Area: 119,636
Building Attributes
FieldDescription
Style:Apt High Rise
ModelComm/Ind
GradeB
Stories: 
Occupancy148.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Stone
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Hardwood
Interior Floor 2Carpet
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeHeat Pump
Bldg UseApartment MDL-94
Total Rooms 
Total Bedrms149
Total Baths148
1st Floor Use:800C
Heat/ACHeat/AC Split
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallCeil & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 104,657 104,657
BASFirst Floor 14,979 14,979
   119,636 119,636

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
CP6Canpy W/Slab480.00 S.F$23,1801
EL2Elev Pass8.00 STOPS$1,252,8001
RP2Porch Coverd2667.00 S.F$121,8201
RP2Porch Coverd1344.00 S.F$61,3901
RP2Porch Coverd3332.00 S.F$152,1901
RP2Porch Coverd1316.00 S.F$60,1101
RP2Porch Coverd2660.00 S.F$121,5001
RP2Porch Coverd1988.00 S.F$90,8001
OH1Door Overhd Co1.00 UNITS$9,7901
SPR1Sprinklers - Wet119656.00 S.F.$421,6101
GENGenerator1.00 UNITS$9,5701

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneRH
Neighborhood0200
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.01
Depth
Total Market Land$2,596,380
Appraised Value$3,709,120

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP4Pavng Asphlt  20400.00 S.F$39,0201
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$24,658,140$3,709,120$28,367,260
2023$24,658,140$3,709,120$28,367,260
2022$24,658,140$3,709,120$28,367,260

Assessment
Valuation YearImprovementsLandTotal
2024$17,260,720$2,596,380$19,857,100
2023$17,260,720$2,596,380$19,857,100
2022$17,260,720$2,596,380$19,857,100

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