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Manhattan / Chinatown-Two Bridges / 10002

179 HENRY STREET

Recorded on the Digital Tax Map as 179 HENRY STREET CONDOMINIUM.

Boro1
Block285
Lot7501
BBL1002857501
Class RM
Residential units
50
Units in total
51
Storeys
15
Year built
1967
Last alteration on file
-
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
2 Aug 2012$5,200,000RTUMULTIPLE RESIDENTIAL CONDO UNTDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 12,716 SQ FT15
Drawn from PLUTO: 15 storeys, 75,785 sq ft of building on 12,716 sq ft of lot, an average floor plate covering 40% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,716 sq ft
Building area
75,785 sq ft
Residential area
41,508 sq ft
Commercial area
34,277 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.96
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$1,389,150
Assessed total value
$7,386,975
Exempt value
$7,386,975
Assessed per residential unit
$147,740

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
RM
Neighbourhood
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.713736, -73.988269

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Chinatown-Two Bridges

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
225 CHERRY STREETRM1,0212015640$1.97m
265 CHERRY STREETD649019792-
185 PARK ROWD44201960262$718k
275 SOUTH STREETD625619784-
196 PARK ROWD42501965148$870k
82 RUTGERS SLIPD919819952-
2 ELIZABETH STREETR41671985111$685k
80 RUTGERS SLIPD910919871-
45 ALLEN STREETD310419730-
10 RUTGERS STREETD78320011-
148 MADISON STREETRM802002116$534k
59 HENRY STREETD68020210-

Every building on file in Chinatown-Two Bridges