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Manhattan / East Harlem (South) / 10029

1862 3 AVENUE

Boro1
Block1630
Lot38
BBL1016300038
Class C6
Residential units
32
Units in total
38
Storeys
5
Year built
1900
Last alteration on file
1998
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
30 Mar 2016$5,0004HSINGLE RESIDENTIAL COOP UNITRPTT&RET
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.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,758 SQ FT5
Drawn from PLUTO: 5 storeys, 32,025 sq ft of building on 7,758 sq ft of lot, an average floor plate covering 83% of it. PLUTO records 5 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (4.13) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,758 sq ft
Building area
32,025 sq ft
Residential area
24,300 sq ft
Commercial area
7,725 sq ft
Office area
-
Retail area
7,725 sq ft
Buildings on the lot
5
Built floor area ratio
4.13
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$117,000
Assessed total value
$2,096,550
Exempt value
$1,310,126
Assessed per residential unit
$65,517

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
C6WALK-UP COOPERATIVE
Neighbourhood
East Harlem (South)
ZIP code
10029
Community district
Manhattan 11
Council district
8
Coordinates
40.789611, -73.94652
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)