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Manhattan / Inwood / 10034

232 SHERMAN AVENUE

Boro1
Block2227
Lot29
BBL1022270029
Class C7
Residential units
39
Units in total
51
Storeys
5
Year built
1915
Last alteration on file
1988
Recorded transfers
4 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
18 Jun 2024$6,543,722-APARTMENT BUILDINGRPTT&RET
17 Jun 2024$2,804,452-APARTMENT BUILDINGRPTT&RET
31 Oct 2019$15,301,929-APARTMENT BUILDINGRPTT
28 Feb 2005$7,210,000-APARTMENT BUILDINGDEED
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20242$4,674,087$2,804,452$6,543,722
20191$15,301,929--
20051$7,210,000--
02

The building on the lot

Section through the lot

LOT 10,000 SQ FT5
Drawn from PLUTO: 5 storeys, 40,644 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 81% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,000 sq ft
Building area
40,644 sq ft
Residential area
34,644 sq ft
Commercial area
6,000 sq ft
Office area
-
Retail area
6,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.06
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$355,050
Assessed total value
$2,916,000
Exempt value
$0
Assessed per residential unit
$74,769

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
Inwood
ZIP code
10034
Community district
Manhattan 12
Council district
10
Coordinates
40.866135, -73.919852
05

Other buildings in Inwood

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
375 WEST 207TH STREETRM61120230-
401 WEST 207 STREETD627320240-
128 SEAMAN AVENUEC125919200-
221 SEAMAN AVENUEC122819240-
250 NAGLE AVENUED418019640-
4861 BROADWAYD714619290-
210 SHERMAN AVENUED712619303-
101 POST AVENUEC112119270-
4761 BROADWAYD711919280-
600 WEST 218 STREETD710819360-
165 SHERMAN AVENUED710019251-
228 NAGLE AVENUED710020050-

Every building on file in Inwood