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Manhattan / Upper East Side-Lenox Hill-Roosevelt Island / 10021

1286 1 AVENUE

Recorded on the Digital Tax Map as 1286 FIRST AVENUE CONDOMINIUM.

Boro1
Block1464
Lot7503
BBL1014647503
Class RM
Residential units
52
Units in total
54
Storeys
5
Year built
1900
Last alteration on file
2013
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
14 Apr 2016$18,000,000RESAPARTMENT 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 8,508 SQ FT5
Drawn from PLUTO: 5 storeys, 44,307 sq ft of building on 8,508 sq ft of lot, an average floor plate covering 100% of it. PLUTO records 3 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 (5.21) 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
8,508 sq ft
Building area
44,307 sq ft
Residential area
32,402 sq ft
Commercial area
11,905 sq ft
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
5.21
Residential FAR permitted
10
Zoning district
C2-8
03

Assessment

Assessed land value
$976,500
Assessed total value
$7,141,095
Exempt value
$0
Assessed per residential unit
$137,329

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
RM
Neighbourhood
Upper East Side-Lenox Hill-Roosevelt Island
ZIP code
10021
Community district
Manhattan 8
Council district
5
Coordinates
40.765884, -73.956976

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Upper East Side-Lenox Hill-Roosevelt Island

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
MAIN STREETD48,0181975256$490k
510 MAIN STREETD61,00319691-
200 EAST 72 STREETD685519790-
215 EAST 68 STREETD661319620-
1201 2 AVENUED653219630-
450 EAST 63 STREETD650319504$681k
425 EAST 63 STREETR94951956396$778k
200 EAST 66 STREETRM4901951664$2.40m
1424 2 AVENUED646719791-
1325 1 AVENUED44601963395$999k
1313 YORK AVENUED643019660-
1365 YORK AVENUED841819770-

Every building on file in Upper East Side-Lenox Hill-Roosevelt Island