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Manhattan / 10029

2040 1 AVENUE

Boro1
Block1699
Lot1
BBL1016990001
Class D3
Residential units
398
Units in total
398
Storeys
20
Year built
1960
Last alteration on file
-
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

LOT 133,150 SQ FT20
Drawn from PLUTO: 20 storeys, 448,226 sq ft of building on 133,150 sq ft of lot, an average floor plate covering 17% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
133,150 sq ft
Building area
448,226 sq ft
Residential area
448,226 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
3.37
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$2,700,000
Assessed total value
$17,763,750
Exempt value
$17,763,750
Assessed per residential unit
$44,633

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
-
ZIP code
10029
Community district
Manhattan 11
Council district
8
Coordinates
40.788765, -73.939139
05

Other buildings in ZIP 10029

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2070 1 AVENUED41,59419740-
211 EAST 106 STREETD41,26719590-
1980 1 AVENUED31,17019400-
2086 2 AVENUED493619610-
1785 3 AVENUED387819540-
310 EAST 115 STREETD379419590-
1337 5 AVENUED979219590-
1844 LEXINGTON AVENUED972019470-
1735 MADISON AVENUED367219610-
1309 5 AVENUED760019744-
2055 3 AVENUED358919580-
1833 LEXINGTON AVENUED958719470-

Every building on file in ZIP 10029