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Manhattan / Midtown South-Flatiron-Union Square / 10011

140 5 AVENUE

Boro1
Block820
Lot7501
BBL1008207501
Class RMLadies' Mile Historic District
Residential units
21
Units in total
27
Storeys
12
Year built
1901
Last alteration on file
2010
Recorded transfers
7 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
16 Mar 2017$4,800,0002ABSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Oct 2011$2,100,0008BSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2011$3,150,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jul 2007$3,950,00011 FLSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Feb 2006$1,325,0008ASINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Dec 2005$1,890,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2005$2,900,0007BSINGLE RESIDENTIAL COOP UNITRPTT&RET
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
20171$4,800,000--
20112$2,625,000$2,100,000$3,150,000
20071$3,950,000--
20061$1,325,000--
20052$2,395,000$1,890,000$2,900,000
02

The building on the lot

Section through the lot

LOT 1,626 SQ FT12
Drawn from PLUTO: 12 storeys, 42,845 sq ft of building on 1,626 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
1,626 sq ft
Building area
42,845 sq ft
Residential area
38,533 sq ft
Commercial area
4,312 sq ft
Office area
-
Retail area
2,720 sq ft
Buildings on the lot
1
Built floor area ratio
26.35
Residential FAR permitted
10
Zoning district
C6-4M
03

Assessment

Assessed land value
$735,300
Assessed total value
$6,587,549
Exempt value
$30,420
Assessed per residential unit
$313,693

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
10011
Community district
Manhattan 5
Council district
3
Coordinates
40.739161, -73.991841

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-
132 WEST 32 STREETRM45820051-
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-

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