1545 MADISON AVENUE

Boro1

Block1610

Lot23

BBL1016100023

Class D3

Residential units

338

Units in total

339

Storeys

Year built

1954

Last alteration on file

Recorded transfers

None

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

The building on the lot

Section through the lot

Drawn from PLUTO: 15 storeys, 405,000 sq ft of building on 137,243 sq ft of lot, an average floor plate covering 20% of it. PLUTO records 4 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 (2.95) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.

Lot area

137,243 sq ft

Building area

405,000 sq ft

Residential area

401,000 sq ft

Commercial area

4,000 sq ft

Office area

Retail area

Buildings on the lot

Built floor area ratio

2.95

Residential FAR permitted

3.44

Zoning district

R7-2

Assessment

Assessed land value

$8,460,000

Assessed total value

$35,305,650

Exempt value

$35,305,650

Assessed per residential unit

$104,455

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.

Classification and location

Building class

D3ELEVATOR APT; FIREPROOF WITHOUT STORES

Neighbourhood

East Harlem (South)

ZIP code

10029

Community district

Manhattan 11

Council district

Coordinates

40.79309, -73.949074

Other buildings in East Harlem (South)

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
1309 5 AVENUE	D7	600	1974	4	-
1710 3 AVENUE	D9	522	1990	1	-
215 EAST 96 STREET	RM	476	2005	411	$910k
1250 5 AVENUE	D7	446	1974	11	-
1465 PARK AVENUE	RM	400	2017	0	-
55 EAST 102 STREET	D3	352	1954	0	-
60 EAST 112TH STREET	RM	351	2020	0	-
50 EAST 112TH STREET	RM	347	2022	0	-
1940 1 AVENUE	D7	323	1973	3	-
1962 1 AVENUE	D7	323	1973	3	-
1641 MADISON AVENUE	D7	315	1963	0	-
1510 LEXINGTON AVENUE	D6	298	2008	0	-

Every building on file in East Harlem (South)