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Manhattan / East Harlem (South) / 10029

1309 5 AVENUE

Boro1
Block1616
Lot1
BBL1016160001
Class D7
Residential units
600
Units in total
611
Storeys
34
Year built
1974
Last alteration on file
1988
Recorded transfers
4 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
23 Oct 2019$340,000,000-APARTMENT BUILDINGDEED
22 Oct 2014$179,979,918-APARTMENT BUILDINGDEED
17 Apr 2007$162,902,826-APARTMENT BUILDINGRPTT&RET
31 Mar 2005$78,220,723-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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
20191$340,000,000--
20141$179,979,918--
20071$162,902,826--
20051$78,220,723--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 81,805 SQ FT34
Drawn from PLUTO: 34 storeys, 680,000 sq ft of building on 81,805 sq ft of lot, an average floor plate covering 24% 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 (8.31) 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
81,805 sq ft
Building area
680,000 sq ft
Residential area
625,000 sq ft
Commercial area
55,000 sq ft
Office area
-
Retail area
5,000 sq ft
Buildings on the lot
3
Built floor area ratio
8.31
Residential FAR permitted
10
Zoning district
C1-9
03

Assessment

Assessed land value
$7,362,450
Assessed total value
$59,176,800
Exempt value
$55,164,376
Assessed per residential unit
$98,628

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
East Harlem (South)
ZIP code
10029
Community district
Manhattan 11
Council district
9
Coordinates
40.796806, -73.94814
05

Other buildings in East Harlem (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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-
1510 LEXINGTON AVENUED629820080-

Every building on file in East Harlem (South)