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Manhattan / Midtown South-Flatiron-Union Square / 10001

132 WEST 32 STREET

Recorded on the Digital Tax Map as THE 125 WEST 31 STREET CONDOMINIUM.

Boro1
Block807
Lot7501
BBL1008077501
Class RM
Residential units
458
Units in total
462
Storeys
59
Year built
2005
Last alteration on file
-
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
15 Jul 2009$4,694,361PARKGAPARTMENT BUILDING4 lotsRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 22,080 SQ FT59
Drawn from PLUTO: 59 storeys, 473,783 sq ft of building on 22,080 sq ft of lot, an average floor plate covering 36% of it. Bands are drawn to a maximum of 48. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,080 sq ft
Building area
473,783 sq ft
Residential area
326,067 sq ft
Commercial area
147,716 sq ft
Office area
-
Retail area
4,917 sq ft
Buildings on the lot
1
Built floor area ratio
21.46
Residential FAR permitted
10
Zoning district
C6-4.5
03

Assessment

Assessed land value
$4,291,650
Assessed total value
$87,893,420
Exempt value
$46,868,297
Assessed per residential unit
$191,907

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
Midtown South-Flatiron-Union Square
ZIP code
10001
Community district
Manhattan 5
Council district
3
Coordinates
40.748724, -73.99014

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 Midtown South-Flatiron-Union Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
7 EAST 14 STREETD44951965489$800k
6 WEST 16 STREETD44811964464$847k
241 WEST 28 STREETD648020211-
56 WEST 23 STREETD643120000-
7 WEST 14 STREETD44301964418$885k
5 EAST 22 STREETRM4231985418$1.58m
10 EAST 28 STREETD641619121-
55 WEST 25 STREETD640720050-
7 EAST 28 STREETD840419981-
776 AVENUE OF THE AMERICASD838720001-
855 AVENUE OF THE AMERICASRM38220140-
66 EAST 34 STREETD636419131-

Every building on file in Midtown South-Flatiron-Union Square