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Manhattan / East Harlem (South) / 10029

1680 MADISON AVENUE

Boro1
Block1617
Lot7
BBL1016170007
Class D1
Residential units
135
Units in total
135
Storeys
7
Year built
1982
Last alteration on file
-
Recorded transfers
7 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
16 Nov 2021$12,282,079-APARTMENT BUILDINGRPTT&RET
16 Nov 2021$4,094,026-APARTMENT BUILDINGRPTT&RET
22 Jan 2018$57,000,000-APARTMENT BUILDINGDEED
15 Dec 2005$10,266,491-APARTMENT BUILDINGRPTT
15 Dec 2005$1,847,776-APARTMENT BUILDINGRPTT
24 Nov 2004$741,355-APARTMENT BUILDINGRPTT
24 Nov 2004$7,025,367-APARTMENT BUILDINGRPTT
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20212$8,188,053$4,094,026$12,282,079
20181$57,000,000--
20052$6,057,134$1,847,776$10,266,491
20042$3,883,361$741,355$7,025,367
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 54,494 SQ FT7
Drawn from PLUTO: 7 storeys, 130,000 sq ft of building on 54,494 sq ft of lot, an average floor plate covering 34% of it. The dashed outline is the difference between the floor area ratio already built (2.39) 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
54,494 sq ft
Building area
130,000 sq ft
Residential area
130,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.39
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$3,408,750
Assessed total value
$13,773,150
Exempt value
$13,773,150
Assessed per residential unit
$102,023

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
East Harlem (South)
ZIP code
10029
Community district
Manhattan 11
Council district
9
Coordinates
40.797346, -73.9475
05

Other buildings in East Harlem (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1309 5 AVENUED760019744-
1710 3 AVENUED952219901-
215 EAST 96 STREETRM4762005411$910k
1250 5 AVENUED7446197411-
1465 PARK AVENUERM40020170-
55 EAST 102 STREETD335219540-
60 EAST 112TH STREETRM35120200-
50 EAST 112TH STREETRM34720220-
1545 MADISON AVENUED333819540-
1940 1 AVENUED732319733-
1962 1 AVENUED732319733-
1641 MADISON AVENUED731519630-

Every building on file in East Harlem (South)