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Manhattan / East Harlem (South) / 10029

1952 2 AVENUE

Boro1
Block1672
Lot1
BBL1016720001
Class D3
Residential units
91
Units in total
91
Storeys
10
Year built
1985
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 Apr 2006$6,311,737-APARTMENT BUILDINGRPTT&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 21,159 SQ FT10
Drawn from PLUTO: 10 storeys, 93,939 sq ft of building on 21,159 sq ft of lot, an average floor plate covering 44% of it. The dashed outline is the difference between the floor area ratio already built (4.44) 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
21,159 sq ft
Building area
93,939 sq ft
Residential area
93,939 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.44
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$145,800
Assessed total value
$8,207,100
Exempt value
$8,207,100
Assessed per residential unit
$90,188

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
East Harlem (South)
ZIP code
10029
Community district
Manhattan 11
Council district
8
Coordinates
40.786994, -73.94467
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)