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Manhattan / Midtown-Times Square / 10019

240 CENTRAL PARK SOUTH

Boro1
Block1030
Lot58
BBL1010300058
Class D6INDIVIDUAL LANDMARK
Residential units
297
Units in total
321
Storeys
28
Year built
1940
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

LOT 36,475 SQ FT28
Drawn from PLUTO: 28 storeys, 387,428 sq ft of building on 36,475 sq ft of lot, an average floor plate covering 38% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
36,475 sq ft
Building area
387,428 sq ft
Residential area
345,466 sq ft
Commercial area
41,962 sq ft
Office area
17,608 sq ft
Retail area
24,354 sq ft
Buildings on the lot
1
Built floor area ratio
10.62
Residential FAR permitted
10
Zoning district
C5-1
03

Assessment

Assessed land value
$9,000,000
Assessed total value
$53,676,900
Exempt value
$0
Assessed per residential unit
$180,730

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
6
Coordinates
40.76731, -73.981177
05

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Every building on file in Midtown-Times Square