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Manhattan / Lower East Side / 10002

188 FORSYTH STREET

Boro1
Block421
Lot52
BBL1004210052
Class C6
Residential units
84
Units in total
86
Storeys
4
Year built
1910
Last alteration on file
-
Recorded transfers
17 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
5 Jun 2025$225,0004CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jul 2024$315,000-APARTMENT BUILDINGRPTT&RET
1 Jun 2023$410,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jun 2023$180,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Mar 2023$315,0006ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jan 2023$450,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Apr 2022$380,000-APARTMENT BUILDINGRPTT&RET
20 May 2021$365,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Sep 2019$190,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jan 2011$150,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 May 2010$150,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Mar 2010$200,0005DMULTIPLE RESIDENTIAL COOP UNITRPTT&RET
12 Jun 2009$1,2002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jun 2009$50,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
12 May 2009$1,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Nov 2008$126,0005DSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 May 2004$199,0005CSINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20251$225,000--
20241$315,000--
20234$362,500$180,000$450,000
20221$380,000--
20211$365,000--
20191$190,000--
20111$150,000--
20102$175,000$150,000$200,000
20093$1,200$1,000$50,000
20081$126,000--
20041$199,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 39,125 SQ FT4
Drawn from PLUTO: 4 storeys, 77,100 sq ft of building on 39,125 sq ft of lot, an average floor plate covering 49% of it. PLUTO records 3 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 (1.97) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
39,125 sq ft
Building area
77,100 sq ft
Residential area
75,775 sq ft
Commercial area
1,325 sq ft
Office area
-
Retail area
1,325 sq ft
Buildings on the lot
3
Built floor area ratio
1.97
Residential FAR permitted
4
Zoning district
C4-4A
03

Assessment

Assessed land value
$1,125,000
Assessed total value
$4,924,800
Exempt value
$4,924,800
Assessed per residential unit
$58,629

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
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.721592, -73.990609
05

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Every building on file in Lower East Side