Residential units
26
Units in total
33
Storeys
6
Year built
1910
Last alteration on file
1983
Recorded transfers
2 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 11 May 2007 | $645,000 | G606 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Feb 2007 | $5,300,000 | - | APARTMENT BUILDING | DEEDO |
- 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.
- DEEDO
- DEED, OTHER. A conveyance the Register files under its other-deed category.
02
The building on the lot
Section through the lot
Lot area
4,282 sq ft
Building area
21,309 sq ft
Residential area
17,309 sq ft
Commercial area
4,000 sq ft
Office area
-
Retail area
4,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.98
Residential FAR permitted
3.44
Zoning district
R7-2
03
Assessment
Assessed land value
$290,250
Assessed total value
$2,276,550
Exempt value
$0
Assessed per residential unit
$87,560
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
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.714093, -73.986989
05
Other buildings in Chinatown-Two Bridges
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 225 CHERRY STREET | RM | 1,021 | 2015 | 640 | $1.97m |
| 265 CHERRY STREET | D6 | 490 | 1979 | 2 | - |
| 185 PARK ROW | D4 | 420 | 1960 | 262 | $718k |
| 275 SOUTH STREET | D6 | 256 | 1978 | 4 | - |
| 196 PARK ROW | D4 | 250 | 1965 | 148 | $870k |
| 82 RUTGERS SLIP | D9 | 198 | 1995 | 2 | - |
| 2 ELIZABETH STREET | R4 | 167 | 1985 | 111 | $685k |
| 80 RUTGERS SLIP | D9 | 109 | 1987 | 1 | - |
| 45 ALLEN STREET | D3 | 104 | 1973 | 0 | - |
| 10 RUTGERS STREET | D7 | 83 | 2001 | 1 | - |
| 148 MADISON STREET | RM | 80 | 2002 | 116 | $534k |
| 59 HENRY STREET | D6 | 80 | 2021 | 0 | - |