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Manhattan / Lower East Side / 10002

224 ELDRIDGE STREET

Boro1
Block417
Lot1
BBL1004170001
Class D1
Residential units
149
Units in total
149
Storeys
17
Year built
1970
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

PERMITTED, NOT BUILTLOT 52,294 SQ FT17
Drawn from PLUTO: 17 storeys, 136,000 sq ft of building on 52,294 sq ft of lot, an average floor plate covering 15% of it. The dashed outline is the difference between the floor area ratio already built (2.6) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
52,294 sq ft
Building area
136,000 sq ft
Residential area
136,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.6
Residential FAR permitted
4
Zoning district
C4-4A
03

Assessment

Assessed land value
$2,475,000
Assessed total value
$17,933,400
Exempt value
$17,933,400
Assessed per residential unit
$120,358

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.722231, -73.989491
05

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199 BROOME STREETRM37920211-
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207 EAST HOUSTON STREETD824320061-

Every building on file in Lower East Side