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Manhattan / East Harlem (North) / 10035

1429 5 AVENUE

Boro1
Block1622
Lot73
BBL1016220073
Class D7
Residential units
42
Units in total
43
Storeys
6
Year built
2004
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
6 Nov 2023$3,361,376-APARTMENT BUILDINGRPTT&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.
02

The building on the lot

Section through the lot

LOT 11,101 SQ FT6
Drawn from PLUTO: 6 storeys, 53,681 sq ft of building on 11,101 sq ft of lot, an average floor plate covering 81% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,101 sq ft
Building area
53,681 sq ft
Residential area
49,823 sq ft
Commercial area
3,858 sq ft
Office area
-
Retail area
3,858 sq ft
Buildings on the lot
1
Built floor area ratio
4.84
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$450,000
Assessed total value
$2,100,150
Exempt value
$1,869,134
Assessed per residential unit
$50,004

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 (North)
ZIP code
10035
Community district
Manhattan 11
Council district
9
Coordinates
40.801018, -73.945792
05

Other buildings in East Harlem (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2342 1 AVENUED31,81519570-
2225 5 AVENUED991419473-
1735 MADISON AVENUED367219610-
201 EAST 125TH STREETRM40420190-
1982 LEXINGTON AVENUED934119744-
107 EAST 126 STREETD125519803-
2306 3 AVENUED723320170-
2035 5TH AVENUERM22220230-
205 EAST 110TH STREETRM20920230-
1485 5 AVENUERM2062007232$1.09m
45 EAST 135 STREETD320619463-
409 EAST 120 STREETRR19720170-

Every building on file in East Harlem (North)