Residential units
56
Units in total
56
Storeys
8
Year built
1940
Last alteration on file
1987
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 20 Aug 2019 | $33,000,000 | - | APARTMENT BUILDING | RPTT&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 area
7,406 sq ft
Building area
43,696 sq ft
Residential area
43,696 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.9
Residential FAR permitted
10
Zoning district
C5-2
03
Assessment
Assessed land value
$684,000
Assessed total value
$4,780,800
Exempt value
$0
Assessed per residential unit
$85,371
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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Midtown-Times Square
ZIP code
10016
Community district
Manhattan 5
Council district
4
Coordinates
40.749461, -73.982431
05
Other buildings in Midtown-Times Square
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 680 8 AVENUE | D5 | 652 | 1920 | 1 | - |
| 250 WEST 50 STREET | D6 | 550 | 1998 | 11 | - |
| 235 WEST 56 STREET | RM | 482 | 1987 | 0 | - |
| 235 WEST 48 STREET | D8 | 477 | 1989 | 2 | - |
| 770 8 AVENUE | D6 | 464 | 2001 | 0 | - |
| 76179 7 AVENUE | RM | 445 | 1927 | 453 | $650k |
| 242 WEST 53 STREET | D8 | 426 | 2015 | 0 | - |
| 1752 BROADWAY | D6 | 396 | 1979 | 15 | - |
| 890 8 AVENUE | RM | 394 | 2003 | 0 | - |
| 870 8 AVENUE | D6 | 381 | 1965 | 0 | - |
| 980 AVENUE OF THE AMERICAS | D6 | 380 | 1986 | 0 | - |
| 66 WEST 38 STREET | RM | 374 | 2001 | 0 | - |