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Manhattan / Financial District-Battery Park City / 10004

1 COENTIES SLIP

Boro1
Block7
Lot7501
BBL1000077501
Class RMFraunces Tavern Block Historic District
Residential units
42
Units in total
43
Storeys
6
Year built
1880
Last alteration on file
-
Recorded transfers
3 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
20 Jul 2017$26,750,000RESMULTIPLE RESIDENTIAL CONDO UNTDEED
27 Oct 2014$30,150,000RESSINGLE RESIDENTIAL COOP UNITRPTT
29 Mar 2007$19,000,000RESSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20171$26,750,000--
20141$30,150,000--
20071$19,000,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,780 SQ FT6
Drawn from PLUTO: 6 storeys, 44,097 sq ft of building on 7,780 sq ft of lot, an average floor plate covering 94% of it. The dashed outline is the difference between the floor area ratio already built (5.67) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,780 sq ft
Building area
44,097 sq ft
Residential area
32,843 sq ft
Commercial area
11,254 sq ft
Office area
-
Retail area
7,200 sq ft
Buildings on the lot
1
Built floor area ratio
5.67
Residential FAR permitted
10
Zoning district
C5-5
03

Assessment

Assessed land value
$1,741,500
Assessed total value
$6,542,100
Exempt value
$0
Assessed per residential unit
$155,764

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Financial District-Battery Park City
ZIP code
10004
Community district
Manhattan 1
Council district
1
Coordinates
40.703427, -74.01078

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Financial District-Battery Park City

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 SOUTH END AVENUED61,71219830-
80 GOLD STREETD41,6411971567$710k
130 WATER STREETRM1,41819610-
115 BROAD STREETD51,32019690-
8 SPRUCE STREETRM89920072-
222 BROADWAYD478819611-
20 EXCHANGE PLACERM76219310-
2 GOLD STREETD865020030-
66 PINE STREETRM61219320-
160 WATER STREETD558819720-
127 JOHN STREETD857619733-
180 WATER STREETD657319710-

Every building on file in Financial District-Battery Park City