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Manhattan / Upper East Side-Carnegie Hill / 10128

1656 3 AVENUE

Boro1
Block1521
Lot40
BBL1015210040
Class C7
Residential units
50
Units in total
54
Storeys
5
Year built
1910
Last alteration on file
-
Recorded transfers
3 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
30 Apr 2017$10,000,000-APARTMENT BUILDINGRPTT&RET
30 Apr 2017$10,000,000-APARTMENT BUILDINGRPTT&RET
11 Apr 2003$7,300,000-APARTMENT BUILDINGDEEDO
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20172$10,000,000$10,000,000$10,000,000
20031$7,300,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 5,221 SQ FT5
Drawn from PLUTO: 5 storeys, 20,831 sq ft of building on 5,221 sq ft of lot, an average floor plate covering 80% of it. The dashed outline is the difference between the floor area ratio already built (3.99) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
5,221 sq ft
Building area
20,831 sq ft
Residential area
19,456 sq ft
Commercial area
1,375 sq ft
Office area
-
Retail area
1,375 sq ft
Buildings on the lot
1
Built floor area ratio
3.99
Residential FAR permitted
10
Zoning district
C1-9
03

Assessment

Assessed land value
$589,500
Assessed total value
$3,737,250
Exempt value
$0
Assessed per residential unit
$74,745

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
Upper East Side-Carnegie Hill
ZIP code
10128
Community district
Manhattan 8
Council district
5
Coordinates
40.78321, -73.951115
05

Other buildings in Upper East Side-Carnegie Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1524 3 AVENUED643019671-
150 EAST 69TH STREETD43781959314$1.90m
1150 MADISON AVENUED634319231-
1680 3 AVENUED628019801-
1239 MADISON AVENUERM2511969192$2.88m
118 EAST 60 STREETD42341963239$669k
1538 3 AVENUERM2291991261$1.72m
171 EAST 84 STREETRM2171987209$1.40m
120 EAST 87 STREETRM2141981249$999k
48 EAST 89 STREETD42101973168$1.74m
800 5 AVENUED820819790-
1327 MADISON AVENUERM2051984171$1.93m

Every building on file in Upper East Side-Carnegie Hill