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Manhattan / East Harlem (North) / 10035

1982 LEXINGTON AVENUE

Boro1
Block1770
Lot158
BBL1017700158
Class D9
Residential units
341
Units in total
344
Storeys
32
Year built
1974
Last alteration on file
-
Recorded transfers
4 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 Oct 2019$131,300,000-APARTMENT BUILDINGDEED
22 Oct 2014$94,854,653-APARTMENT BUILDINGDEED
17 Apr 2007$99,769,021-APARTMENT BUILDINGRPTT&RET
31 Mar 2005$28,845,801-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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.

By year

YearTransfersMedian recordedLowestHighest
20191$131,300,000--
20141$94,854,653--
20071$99,769,021--
20051$28,845,801--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 83,092 SQ FT32
Drawn from PLUTO: 32 storeys, 358,400 sq ft of building on 83,092 sq ft of lot, an average floor plate covering 13% of it. The dashed outline is the difference between the floor area ratio already built (4.31) 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
83,092 sq ft
Building area
358,400 sq ft
Residential area
353,250 sq ft
Commercial area
5,150 sq ft
Office area
-
Retail area
5,150 sq ft
Buildings on the lot
1
Built floor area ratio
4.31
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$1,953,000
Assessed total value
$25,743,600
Exempt value
$25,743,600
Assessed per residential unit
$75,494

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
East Harlem (North)
ZIP code
10035
Community district
Manhattan 11
Council district
9
Coordinates
40.802297, -73.939676
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-
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-
245 EAST 124 STREETD618520091-

Every building on file in East Harlem (North)