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Staten Island / 10304

1950 CLOVE ROAD

Boro5
Block3157
Lot1
BBL5031570001
Class D1
Residential units
177
Units in total
177
Storeys
6
Year built
1973
Last alteration on file
2015
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
23 Dec 2015$19,500,000-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 339,332 SQ FT6
Drawn from PLUTO: 6 storeys, 180,495 sq ft of building on 339,332 sq ft of lot, an average floor plate covering 9% of it. The dashed outline is the difference between the floor area ratio already built (0.53) and the residential floor area ratio of the zoning district (0.75). It is a diagram of recorded figures, not a picture of the building.
Lot area
339,332 sq ft
Building area
180,495 sq ft
Residential area
180,495 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
0.53
Residential FAR permitted
0.75
Zoning district
R3-2
03

Assessment

Assessed land value
$1,583,550
Assessed total value
$8,347,950
Exempt value
$6,764,400
Assessed per residential unit
$47,164

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
10304
Community district
Staten Island 2
Council district
50
Coordinates
40.605814, -74.087427
05

Other buildings in ZIP 10304

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
210 BROAD STREETD369319621-
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240 PARK HILL AVENUED140419682-
140 PARK HILL AVENUED140319662-
141 PARK HILL AVENUED336119651-
225 PARK HILL AVENUED130519701-
475 BAY STREETRM27020220-
55 BOWEN STREETD115619731-
55 AUSTIN PLACER41471962171$290k
30 KIMBERLY LANEC910819981-
180 BROAD STREETD310520100-
NAVY PIER COURTRM10420140-

Every building on file in ZIP 10304