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Manhattan / Midtown-Times Square / 10016

20 PARK AVENUE

Boro1
Block865
Lot32
BBL1008650032
Class D7
Residential units
96
Units in total
102
Storeys
20
Year built
1939
Last alteration on file
1987
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
27 Sep 2005$43,758,785-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 6,300 SQ FT20
Drawn from PLUTO: 20 storeys, 101,306 sq ft of building on 6,300 sq ft of lot, an average floor plate covering 80% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,300 sq ft
Building area
101,306 sq ft
Residential area
96,255 sq ft
Commercial area
5,051 sq ft
Office area
5,051 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
16.08
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$1,363,500
Assessed total value
$12,991,050
Exempt value
$0
Assessed per residential unit
$135,323

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Midtown-Times Square
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.748053, -73.981125
05

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Every building on file in Midtown-Times Square