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Manhattan / Midtown South-Flatiron-Union Square / 10001

2 WEST 29 STREET

Boro1
Block830
Lot46
BBL1008300046
Class D0
Residential units
22
Units in total
24
Storeys
16
Year built
1928
Last alteration on file
1989
Recorded transfers
3 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
16 Nov 2021$1,836,12512SSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2015$6,350,00013NSSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2014$600,0003SSINGLE RESIDENTIAL COOP UNITRPTT&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.

By year

YearTransfersMedian recordedLowestHighest
20211$1,836,125--
20151$6,350,000--
20141$600,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 4,900 SQ FT16
Drawn from PLUTO: 16 storeys, 69,649 sq ft of building on 4,900 sq ft of lot, an average floor plate covering 89% of it. The dashed outline is the difference between the floor area ratio already built (14.21) and the residential floor area ratio of the zoning district (15). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,900 sq ft
Building area
69,649 sq ft
Residential area
66,649 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
14.21
Residential FAR permitted
15
Zoning district
M1-8A/R12
03

Assessment

Assessed land value
$1,107,000
Assessed total value
$9,406,800
Exempt value
$2,230
Assessed per residential unit
$427,582

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
D0ELEVATOR CO-OP; CONVERSION FROM LOFT/WAREHOUSE
Neighbourhood
Midtown South-Flatiron-Union Square
ZIP code
10001
Community district
Manhattan 5
Council district
3
Coordinates
40.745356, -73.987535
05

Other buildings in Midtown South-Flatiron-Union Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
7 EAST 14 STREETD44951965489$800k
6 WEST 16 STREETD44811964464$847k
241 WEST 28 STREETD648020211-
132 WEST 32 STREETRM45820051-
56 WEST 23 STREETD643120000-
7 WEST 14 STREETD44301964418$885k
5 EAST 22 STREETRM4231985418$1.58m
10 EAST 28 STREETD641619121-
55 WEST 25 STREETD640720050-
7 EAST 28 STREETD840419981-
776 AVENUE OF THE AMERICASD838720001-
855 AVENUE OF THE AMERICASRM38220140-

Every building on file in Midtown South-Flatiron-Union Square