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Manhattan / Greenwich Village / 10011

12 5 AVENUE

Boro1
Block572
Lot43
BBL1005720043
Class D7Greenwich Village Historic District
Residential units
33
Units in total
34
Storeys
10
Year built
1903
Last alteration on file
1986
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
1 Feb 2012$12,500,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 2,625 SQ FT10
Drawn from PLUTO: 10 storeys, 19,545 sq ft of building on 2,625 sq ft of lot, an average floor plate covering 74% of it. The dashed outline is the difference between the floor area ratio already built (7.45) 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
2,625 sq ft
Building area
19,545 sq ft
Residential area
18,950 sq ft
Commercial area
595 sq ft
Office area
595 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
7.45
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$339,300
Assessed total value
$3,949,650
Exempt value
$0
Assessed per residential unit
$119,686

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
Greenwich Village
ZIP code
10011
Community district
Manhattan 2
Council district
2
Coordinates
40.732555, -73.996532
05

Other buildings in Greenwich Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
300 MERCER STREETD648019760-
24 5 AVENUED44201926294$475k
60 EAST 8 STREETRM3901965341$1.35m
772 BROADWAYD43601960294$1.65m
2 5 AVENUED43431952320$1.76m
20 UNIVERSITY PLACED43231965332$1.49m
14 WEST 4 STREETRM2741908347$1.15m
9 5 AVENUED42671953271$1.68m
1 UNIVERSITY PLACED626319300-
77 BLEECKER STREETD02431930380$875k
63 EAST 9 STREETRM2291955264$960k
60 EAST 9 STREETRM2131954280$685k

Every building on file in Greenwich Village