Manhattan / Financial District-Battery Park City / 10280
225 RECTOR PLACE
Recorded on the Digital Tax Map as TWO TWENTY FIVE RECTOR PLACE CONDOMINIUM.
Boro1
Block16
Lot7515
BBL1000167515
Residential units
285
Units in total
290
Storeys
23
Year built
1985
Last alteration on file
-
Recorded transfers
384 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 |
|---|---|---|---|---|
| 26 Jun 2026 | $660,000 | 6B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 May 2026 | $795,000 | 12R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 May 2026 | $1,800,000 | 5K | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 22 Apr 2026 | $910,000 | 19E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Apr 2026 | $600,000 | 2DD | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 Mar 2026 | $605,000 | 2K | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Dec 2025 | $890,000 | 22A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 14 Oct 2025 | $1,375,000 | 22B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 25 Jun 2025 | $875,000 | 11R | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 12 May 2025 | $879,000 | 21A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 Apr 2025 | $1,350,000 | 18H | SINGLE RESIDENTIAL CONDO UNIT | RPTT&RET |
| 31 Mar 2025 | $640,000 | 2B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 25 Mar 2025 | $995,000 | 12N | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Jan 2025 | $630,000 | 10E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Oct 2024 | $700,000 | 4E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Oct 2024 | $1,450,000 | 21G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 27 Aug 2024 | $1,185,000 | 2E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 26 Jul 2024 | $1,925,000 | 10M | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Jun 2024 | $912,000 | 17F | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Apr 2024 | $1,360,000 | 20C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Mar 2024 | $671,250 | 4B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 9 Nov 2023 | $866,250 | 10H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 13 Oct 2023 | $700,000 | 12E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 11 Aug 2023 | $1,150,000 | 14N | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 5 Jun 2023 | $730,000 | 11B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Mar 2023 | $906,243 | 10D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Jan 2023 | $885,000 | 9T | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Oct 2022 | $1,240,000 | 1H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 31 Aug 2022 | $1,629,200 | 19B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 19 Aug 2022 | $1,525,000 | 17H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Aug 2022 | $860,000 | 3H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Jul 2022 | $1,040,000 | PH1A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Jun 2022 | $1,649,043 | 21B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 7 Jun 2022 | $845,000 | 8C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 26 Apr 2022 | $985,000 | 11A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Feb 2022 | $1,795,000 | 4K | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 Feb 2022 | $808,000 | 6C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Feb 2022 | $1,550,000 | 16C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 9 Dec 2021 | $849,000 | 4T | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Aug 2021 | $855,000 | 17E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 384 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them. | ||||
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- 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
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 6 | $727,500 | $600,000 | $1,800,000 |
| 2025 | 8 | $884,500 | $630,000 | $1,375,000 |
| 2024 | 7 | $1,185,000 | $671,250 | $1,925,000 |
| 2023 | 6 | $875,625 | $700,000 | $1,150,000 |
| 2022 | 11 | $1,240,000 | $808,000 | $1,795,000 |
| 2021 | 13 | $790,000 | $408,865 | $1,470,000 |
| 2020 | 10 | $860,000 | $375,000 | $2,600,000 |
| 2019 | 9 | $735,000 | $10 | $998,000 |
| 2018 | 17 | $905,890 | $705,000 | $1,800,000 |
| 2017 | 14 | $1,312,500 | $860,000 | $2,920,000 |
| 2016 | 17 | $916,425 | $775,000 | $1,985,000 |
| 2015 | 14 | $810,000 | $637,000 | $2,300,000 |
| 2014 | 22 | $789,649 | $524,150 | $1,407,629 |
| 2013 | 119 | $720,000 | $264,754 | $2,830,735 |
| 2012 | 57 | $668,000 | $472,000 | $1,150,000 |
| 2010 | 1 | $250,000 | - | - |
| 2008 | 53 | $773,870 | $568,795 | $3,414,996 |
02
The building on the lot
Section through the lot
Lot area
34,776 sq ft
Building area
251,430 sq ft
Residential area
222,009 sq ft
Commercial area
29,421 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
7.23
Residential FAR permitted
0
Zoning district
BPC
03
Assessment
Assessed land value
$6,254,980
Assessed total value
$44,202,939
Exempt value
$44,202,939
Assessed per residential unit
$155,098
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
RM
Neighbourhood
Financial District-Battery Park City
ZIP code
10280
Community district
Manhattan 1
Council district
1
Coordinates
40.7095, -74.015946
The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.
05
Other buildings in Financial District-Battery Park City
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 345 SOUTH END AVENUE | D6 | 1,712 | 1983 | 0 | - |
| 80 GOLD STREET | D4 | 1,641 | 1971 | 567 | $710k |
| 130 WATER STREET | RM | 1,418 | 1961 | 0 | - |
| 115 BROAD STREET | D5 | 1,320 | 1969 | 0 | - |
| 8 SPRUCE STREET | RM | 899 | 2007 | 2 | - |
| 222 BROADWAY | D4 | 788 | 1961 | 1 | - |
| 20 EXCHANGE PLACE | RM | 762 | 1931 | 0 | - |
| 2 GOLD STREET | D8 | 650 | 2003 | 0 | - |
| 66 PINE STREET | RM | 612 | 1932 | 0 | - |
| 160 WATER STREET | D5 | 588 | 1972 | 0 | - |
| 127 JOHN STREET | D8 | 576 | 1973 | 3 | - |
| 180 WATER STREET | D6 | 573 | 1971 | 0 | - |
Every building on file in Financial District-Battery Park City