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Manhattan / Washington Heights (North) / 10040

1561 ST NICHOLAS AVENUE

Boro1
Block2168
Lot51
BBL1021680051
Class C7
Residential units
38
Units in total
46
Storeys
5
Year built
1923
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.

RecordedConsiderationUnitWhat transferredInstrument
20 May 2003$4,000,000-APARTMENT BUILDINGDEEDO
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.
02

The building on the lot

Section through the lot

LOT 10,000 SQ FT5
Drawn from PLUTO: 5 storeys, 39,066 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
39,066 sq ft
Residential area
34,570 sq ft
Commercial area
4,496 sq ft
Office area
1,000 sq ft
Retail area
3,496 sq ft
Buildings on the lot
1
Built floor area ratio
3.91
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$270,000
Assessed total value
$1,462,050
Exempt value
$0
Assessed per residential unit
$38,475

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Washington Heights (North)
ZIP code
10040
Community district
Manhattan 12
Council district
10
Coordinates
40.854007, -73.930719
05

Other buildings in Washington Heights (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
120 CABRINI BOULEVARDD45941939478$695k
116 PINEHURST AVENUED43531925314$674k
4523 BROADWAYD43501951481$395k
4650 BROADWAYRM22220230-
45 FAIRVIEW AVENUED421819630-
900 WEST 190 STREETD42181954223$693k
99 HILLSIDE AVENUED420519590-
17 FT GEORGE HILLD420419610-
330 HAVEN AVENUED41921951237$407k
64 HILLSIDE AVENUED118519286-
100 OVERLOOK TERRACED41711963154$482k
11 FT GEORGE HILLD416919630-

Every building on file in Washington Heights (North)