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Manhattan / East Harlem (North) / 10037

1951 PARK AVENUE

Recorded on the Digital Tax Map as HARLEM RIVER POINT CONDOMINUM.

Boro1
Block1780
Lot7501
BBL1017807501
Class RM
Residential units
173
Units in total
175
Storeys
11
Year built
2012
Last alteration on file
-
Recorded transfers
2 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 Dec 2025$29,186,030RU-NBULK SALE OF CONDOMINIUMSRPTT&RET
30 Dec 2025$2,902,875RU-NBULK SALE OF CONDOMINIUMS2 lotsRPTT&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 39,201 SQ FT11
Drawn from PLUTO: 11 storeys, 176,514 sq ft of building on 39,201 sq ft of lot, an average floor plate covering 41% of it. The dashed outline is the difference between the floor area ratio already built (4.5) 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
39,201 sq ft
Building area
176,514 sq ft
Residential area
164,530 sq ft
Commercial area
11,984 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.5
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$2,116,800
Assessed total value
$16,163,965
Exempt value
$16,064,848
Assessed per residential unit
$93,433

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
East Harlem (North)
ZIP code
10037
Community district
Manhattan 11
Council district
9
Coordinates
40.809049, -73.935462

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 East Harlem (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2342 1 AVENUED31,81519570-
2225 5 AVENUED991419473-
1735 MADISON AVENUED367219610-
201 EAST 125TH STREETRM40420190-
1982 LEXINGTON AVENUED934119744-
107 EAST 126 STREETD125519803-
2306 3 AVENUED723320170-
2035 5TH AVENUERM22220230-
205 EAST 110TH STREETRM20920230-
1485 5 AVENUERM2062007232$1.09m
45 EAST 135 STREETD320619463-
409 EAST 120 STREETRR19720170-

Every building on file in East Harlem (North)