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Manhattan / SoHo-Little Italy-Hudson Square / 10012

198 ELIZABETH STREET

Boro1
Block492
Lot5
BBL1004920005
Class C7
Residential units
27
Units in total
29
Storeys
6
Year built
1900
Last alteration on file
2016
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 3,636 SQ FT6
Drawn from PLUTO: 6 storeys, 14,574 sq ft of building on 3,636 sq ft of lot, an average floor plate covering 67% of it. The dashed outline is the difference between the floor area ratio already built (4.01) 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
3,636 sq ft
Building area
14,574 sq ft
Residential area
13,604 sq ft
Commercial area
970 sq ft
Office area
-
Retail area
970 sq ft
Buildings on the lot
1
Built floor area ratio
4.01
Residential FAR permitted
6.02
Zoning district
C6-2
03

Assessment

Assessed land value
$196,200
Assessed total value
$2,417,850
Exempt value
$0
Assessed per residential unit
$89,550

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
10012
Community district
Manhattan 2
Council district
1
Coordinates
40.721853, -73.994221
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