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Manhattan / 10029

1281 PARK AVENUE

Boro1
Block1626
Lot1
BBL1016260001
Class D3
Residential units
223
Units in total
223
Storeys
14
Year built
1951
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

PERMITTED, NOT BUILTLOT 75,081 SQ FT14
Drawn from PLUTO: 14 storeys, 193,950 sq ft of building on 75,081 sq ft of lot, an average floor plate covering 18% 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 (2.58) 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
75,081 sq ft
Building area
193,950 sq ft
Residential area
193,950 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.58
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$1,800,000
Assessed total value
$14,065,200
Exempt value
$14,065,200
Assessed per residential unit
$63,073

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
10029
Community district
Manhattan 11
Council district
8
Coordinates
40.787793, -73.950469
05

Other buildings in ZIP 10029

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2070 1 AVENUED41,59419740-
211 EAST 106 STREETD41,26719590-
1980 1 AVENUED31,17019400-
2086 2 AVENUED493619610-
1785 3 AVENUED387819540-
310 EAST 115 STREETD379419590-
1337 5 AVENUED979219590-
1844 LEXINGTON AVENUED972019470-
1735 MADISON AVENUED367219610-
1309 5 AVENUED760019744-
2055 3 AVENUED358919580-
1833 LEXINGTON AVENUED958719470-

Every building on file in ZIP 10029