Manhattan / Upper East Side-Carnegie Hill / 10128
16O EAST 88 STREET
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 |
|---|---|---|---|---|
| 22 Sep 2014 | $45,000,000 | - | APARTMENT BUILDING | RPTT&RET |
| 22 Sep 2014 | $90,000,000 | - | APARTMENT BUILDING | DEED |
- 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.
The building on the lot
Section through the lot
Assessment
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
Other buildings in Upper East Side-Carnegie Hill
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1524 3 AVENUE | D6 | 430 | 1967 | 1 | - |
| 150 EAST 69TH STREET | D4 | 378 | 1959 | 314 | $1.90m |
| 1150 MADISON AVENUE | D6 | 343 | 1923 | 1 | - |
| 1680 3 AVENUE | D6 | 280 | 1980 | 1 | - |
| 1239 MADISON AVENUE | RM | 251 | 1969 | 192 | $2.88m |
| 118 EAST 60 STREET | D4 | 234 | 1963 | 239 | $669k |
| 1538 3 AVENUE | RM | 229 | 1991 | 261 | $1.72m |
| 171 EAST 84 STREET | RM | 217 | 1987 | 209 | $1.40m |
| 120 EAST 87 STREET | RM | 214 | 1981 | 249 | $999k |
| 48 EAST 89 STREET | D4 | 210 | 1973 | 168 | $1.74m |
| 800 5 AVENUE | D8 | 208 | 1979 | 0 | - |
| 1327 MADISON AVENUE | RM | 205 | 1984 | 171 | $1.93m |