Floor Area Vs Residential Floor Area

Floor area ratio far is the ratio of a building s total floor area gross floor area to the size of the piece of land upon which it is built.

Floor area vs residential 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. For hillside areas only the issues of parking subterranean spaces and the building code requirements for light and air would be added to the definition. When applying either sec. 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.

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 numbers used should be the usable floor area and the total lot area not just the floor area or lot area in use. The net floor area nfa of the private units in a residential condo building is typically 60 of the gross floor area gfa. Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.

The nfa of common property in our building is 40 of the gfa. Included as floor area. Far is the reason why buildings with the same size lot but in different zoning districts can be drastically different in size. The bmo created a new residential floor area definition which is a method of calculating floor area specifically crafted for residential development.

The floor area ratios are set forth by nyc planning in the zoning resolution zoning code. The far accounts for 100 of the floor area of a building not just its footprint. Including the yard up to the boundaries of the lot. It is often used as one of the regulations in city planning along with the building to land ratio.

Areas under projections intended for use and occupancy shall be included as floor area in accordance with the guidelines below. 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. The terms can also refer to limits imposed on such a ratio through zoning. As a formula far gross floor area area of the plot.

Note that the floor area also includes garage built. 12 03 or 12 21 1 a 5 architectural projections not intended for regular use or occupancy shall not be counted as floor area. For accurate benchmarking purposes nfa must be calculated using a consistent methodology.