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Manhattan / Lower East Side / 10002

111 NORFOLK STREET

Boro1
Block353
Lot32
BBL1003530032
Class D7
Residential units
21
Units in total
22
Storeys
6
Year built
2003
Last alteration on file
2001
Recorded transfers
1 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
31 Dec 2019$1,807,021-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 5,034 SQ FT6
Drawn from PLUTO: 6 storeys, 18,900 sq ft of building on 5,034 sq ft of lot, an average floor plate covering 63% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,034 sq ft
Building area
18,900 sq ft
Residential area
16,339 sq ft
Commercial area
2,561 sq ft
Office area
-
Retail area
2,561 sq ft
Buildings on the lot
1
Built floor area ratio
3.75
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$679,500
Assessed total value
$2,160,900
Exempt value
$2,160,900
Assessed per residential unit
$102,900

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.719151, -73.987269
05

Other buildings in Lower East Side

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453 FDR DRIVED48331955552$728k
530 GRAND STREETD45251949398$690k
CLINTON STREETD640019720-
199 BROOME STREETRM37920211-
95 EAST HOUSTON STREETRM36120031-
133 PITT STREETD926320101-
180 BROOME STREETRM26320180-
500 GRAND STREETD42581949174$663k
207 EAST HOUSTON STREETD824320061-

Every building on file in Lower East Side