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Manhattan / East Midtown-Turtle Bay / 10017

227 EAST 44 STREET

Recorded on the Digital Tax Map as 229-235 EAST 44TH STREET CONDOMINIUM.

Boro1
Block1318
Lot7501
BBL1013187501
Class RM
Residential units
63
Units in total
64
Storeys
19
Year built
2014
Last alteration on file
2014
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
16 Apr 2020$11,641,825R1SINGLE RESIDENTIAL CONDO UNIT2 lotsDEED
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

PERMITTED, NOT BUILTLOT 7,029 SQ FT19
Drawn from PLUTO: 19 storeys, 62,739 sq ft of building on 7,029 sq ft of lot, an average floor plate covering 47% of it. The dashed outline is the difference between the floor area ratio already built (8.93) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,029 sq ft
Building area
62,739 sq ft
Residential area
52,643 sq ft
Commercial area
10,096 sq ft
Office area
10,096 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
8.93
Residential FAR permitted
10
Zoning district
C6-4
03

Assessment

Assessed land value
$3,795,750
Assessed total value
$10,433,700
Exempt value
$4,212,477
Assessed per residential unit
$165,614

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
East Midtown-Turtle Bay
ZIP code
10017
Community district
Manhattan 6
Council district
4
Coordinates
40.751701, -73.972057

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 East Midtown-Turtle Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
400 EAST 56 STREETD46291969580$835k
245 EAST 54 STREETD44441977574$630k
984 1 AVENUED739719300-
420 EAST 54 STREETD739419821-
1084 2 AVENUED43711968432$438k
300 EAST 56 STREETD636919751-
60 SUTTON PLACE SOUTHD43671951382$775k
845 UNITED NATIONS PLAZARM3622000508$2.25m
150 EAST 44 STREETD836020000-
300 EAST 54 STREETD43601977295$808k
425 EAST 58 STREETD43481975265$1.69m
305 EAST 45 STREETD43381929443$758k

Every building on file in East Midtown-Turtle Bay