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Manhattan / SoHo-Little Italy-Hudson Square / 10013

187 HESTER STREET

Boro1
Block237
Lot34
BBL1002370034
Class C7
Residential units
20
Units in total
21
Storeys
5
Year built
1900
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
24 Jul 2018$18,250,000-APARTMENT BUILDINGDEED
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

PERMITTED, NOT BUILTLOT 2,500 SQ FT5
Drawn from PLUTO: 5 storeys, 9,116 sq ft of building on 2,500 sq ft of lot, an average floor plate covering 73% of it. PLUTO records 2 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 (3.65) 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
2,500 sq ft
Building area
9,116 sq ft
Residential area
7,236 sq ft
Commercial area
1,880 sq ft
Office area
-
Retail area
1,880 sq ft
Buildings on the lot
2
Built floor area ratio
3.65
Residential FAR permitted
6.02
Zoning district
C6-2G
03

Assessment

Assessed land value
$96,750
Assessed total value
$889,200
Exempt value
$0
Assessed per residential unit
$44,460

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
SoHo-Little Italy-Hudson Square
ZIP code
10013
Community district
Manhattan 2
Council district
1
Coordinates
40.718238, -73.99754
05

Other buildings in SoHo-Little Italy-Hudson Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
261 HUDSON STREETRM20120171-
570 WASHINGTON STREETD617620240-
2 CHARLTON STREETD41751966161$1.22m
110 CHARLTON STREETRM1702018183$2.64m
65 EAST HOUSTON STREETD716219910-
77 CHARLTON STREETRM1622020176$2.00m
21 SPRING STREETD715219824-
80 CLARKSON STREETD713120240-
70 CHARLTON STREETD91222014114$2.46m
565 BROOME STREETRM1112016130$5.00m
505 GREENWICH STREETRM1022003262$2.36m
111 VARICK STREETD810120180-

Every building on file in SoHo-Little Italy-Hudson Square