What Is Floor Area And Lot Area

In real estate lot area is the size of a plot of land usually rendered in square feet or meters.

What is floor area and lot area.

The lot area is the minimum sized lot left over after you build the house. Lot coverage is the percentage of a land plot covered by one or more structures. Far is expressed as a decimal number and is derived by dividing the total area of the building by the total. In real estate lot area is the size of a plot of land usually rendered in square feet or meters.

Including the yard up to the boundaries of the lot. Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof. Note that the floor area also includes garage built. The floor area within the inside perimeter of the exterior walls of the building under consideration exclusive of vent shafts and courts without deduction for corridors stairways closets the.

This is contrasted with floor area which is the size of the footprints of any buildings on the lot. To put it simply a floor area is the size of the indoors area inside the building walls and the lot area is the whole size of the lot i e. Adding to this confusion is the practice among some developers to use gross leasable area gla and gfa interchangeably or to use. Far is the reason why buildings with the same size lot but in different zoning districts can be drastically different in size.

Floor area ratio is the percentage of building floor space to lot area. In other words you add the floor area and the lot area and your building lot must be at least that big. The floor area ratio is the deciding factor in finding out the maximum buildable floor area. The floor area ratio is the relationship between the total amount of usable floor area that a building has or has been permitted to have and the total area of the lot on which the building stands.

The floor area ratios are set forth by nyc planning in the zoning resolution zoning code. Floor area ratio far is the measurement of a building s floor area in relation to the size of the lot parcel that the building is located on.