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Manhattan / Upper East Side-Carnegie Hill / 10128

127 EAST 88 STREET

Boro1
Block1517
Lot16
BBL1015170016
Class C7
Residential units
20
Units in total
26
Storeys
6
Year built
1920
Last alteration on file
1988
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
26 Dec 2012$7,700,000-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 4,194 SQ FT6
Drawn from PLUTO: 6 storeys, 20,653 sq ft of building on 4,194 sq ft of lot, an average floor plate covering 82% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (4.92) and the residential floor area ratio of the zoning district (9). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,194 sq ft
Building area
20,653 sq ft
Residential area
17,653 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
2
Built floor area ratio
4.92
Residential FAR permitted
9
Zoning district
C1-8X
03

Assessment

Assessed land value
$783,000
Assessed total value
$5,105,250
Exempt value
$0
Assessed per residential unit
$255,263

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Upper East Side-Carnegie Hill
ZIP code
10128
Community district
Manhattan 8
Council district
4
Coordinates
40.781065, -73.954677
05

Other buildings in Upper East Side-Carnegie Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1524 3 AVENUED643019671-
150 EAST 69TH STREETD43781959314$1.90m
1150 MADISON AVENUED634319231-
1680 3 AVENUED628019801-
1239 MADISON AVENUERM2511969192$2.88m
118 EAST 60 STREETD42341963239$669k
1538 3 AVENUERM2291991261$1.72m
171 EAST 84 STREETRM2171987209$1.40m
120 EAST 87 STREETRM2141981249$999k
48 EAST 89 STREETD42101973168$1.74m
800 5 AVENUED820819790-
1327 MADISON AVENUERM2051984171$1.93m

Every building on file in Upper East Side-Carnegie Hill