Manhattan / Murray Hill-Kips Bay / 10016
111 EAST 38 STREET
Boro1
Block894
Lot10
BBL1008940010
Residential units
20
Units in total
20
Storeys
4
Year built
1865
Last alteration on file
1956
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 12 Sep 2022 | $10,300,000 | - | APARTMENT BUILDING | DEED |
| 12 Sep 2022 | $4,700,000 | - | APARTMENT BUILDING | RPTT&RET |
| 13 Nov 2014 | $9,550,000 | - | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2022 | 2 | $7,500,000 | $4,700,000 | $10,300,000 |
| 2014 | 1 | $9,550,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
3,950 sq ft
Building area
15,035 sq ft
Residential area
15,035 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.81
Residential FAR permitted
4
Zoning district
R8B
03
Assessment
Assessed land value
$399,600
Assessed total value
$1,595,250
Exempt value
$0
Assessed per residential unit
$79,763
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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.749397, -73.978439
05
Other buildings in Murray Hill-Kips Bay
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 333 EAST 30 STREET | RM | 1,117 | 1962 | 733 | $795k |
| 500 2 AVENUE | D6 | 894 | 1975 | 1 | - |
| 235 EAST 42 STREET | D6 | 884 | 1960 | 0 | - |
| 330 EAST 38 STREET | RM | 830 | 1989 | 858 | $1.17m |
| 1 TUDOR CITY PLACE | D4 | 799 | 1930 | 634 | $320k |
| 151 EAST 31 STREET | D6 | 709 | 1988 | 0 | - |
| 300 EAST 40 STREET | RM | 586 | 1967 | 475 | $765k |
| 219 EAST 42 STREET | D6 | 561 | 1905 | 0 | - |
| 685 FIRST AVENUE | RM | 556 | 2016 | 151 | $2.41m |
| 330 EAST 39 STREET | D6 | 510 | 1980 | 0 | - |
| 630 1 AVENUE | RM | 484 | 1984 | 427 | $875k |
| 222 EAST 34 STREET | D8 | 480 | 2002 | 0 | - |