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Manhattan / East Harlem (South) / 10128

1245 PARK AVENUE

Boro1
Block1624
Lot1
BBL1016240001
Class D6
Residential units
164
Units in total
166
Storeys
18
Year built
1963
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 15,229 SQ FT18
Drawn from PLUTO: 18 storeys, 212,482 sq ft of building on 15,229 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,229 sq ft
Building area
212,482 sq ft
Residential area
205,682 sq ft
Commercial area
6,800 sq ft
Office area
1,800 sq ft
Retail area
5,000 sq ft
Buildings on the lot
1
Built floor area ratio
13.95
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$1,161,000
Assessed total value
$10,986,300
Exempt value
$8,949,934
Assessed per residential unit
$66,990

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
East Harlem (South)
ZIP code
10128
Community district
Manhattan 11
Council district
8
Coordinates
40.786597, -73.951928
05

Other buildings in East Harlem (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1309 5 AVENUED760019744-
1710 3 AVENUED952219901-
215 EAST 96 STREETRM4762005411$910k
1250 5 AVENUED7446197411-
1465 PARK AVENUERM40020170-
55 EAST 102 STREETD335219540-
60 EAST 112TH STREETRM35120200-
50 EAST 112TH STREETRM34720220-
1545 MADISON AVENUED333819540-
1940 1 AVENUED732319733-
1962 1 AVENUED732319733-
1641 MADISON AVENUED731519630-

Every building on file in East Harlem (South)