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Manhattan / 10035

123 EAST 129 STREET

Boro1
Block1778
Lot6
BBL1017780006
Class D9
Residential units
142
Units in total
146
Storeys
8
Year built
1984
Last alteration on file
-
Recorded transfers
2 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 Jul 2009$441,255-APARTMENT BUILDINGRPTT&RET
25 Oct 2007$235,301-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.

By year

YearTransfersMedian recordedLowestHighest
20091$441,255--
20071$235,301--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 57,994 SQ FT8
Drawn from PLUTO: 8 storeys, 106,332 sq ft of building on 57,994 sq ft of lot, an average floor plate covering 23% of it. The dashed outline is the difference between the floor area ratio already built (1.83) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
57,994 sq ft
Building area
106,332 sq ft
Residential area
102,098 sq ft
Commercial area
4,234 sq ft
Office area
4,234 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
1.83
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$630,000
Assessed total value
$8,860,500
Exempt value
$8,860,500
Assessed per residential unit
$62,398

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
-
ZIP code
10035
Community district
Manhattan 11
Council district
9
Coordinates
40.807471, -73.935911
05

Other buildings in ZIP 10035

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2342 1 AVENUED31,81519570-
2340 2 AVENUED399519570-
201 EAST 125TH STREETRM40420190-
1982 LEXINGTON AVENUED934119744-
107 EAST 126 STREETD125519803-
2306 3 AVENUED723320170-
2035 5TH AVENUERM22220230-
2243 3 AVENUED920819740-
2383 2 AVENUED920819740-
1485 5 AVENUERM2062007232$1.09m
1980 LEXINGTON AVENUED320019860-
409 EAST 120 STREETRR19720170-

Every building on file in ZIP 10035