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Manhattan / SoHo-Little Italy-Hudson Square / 10012

240 MULBERRY STREET

Boro1
Block494
Lot9
BBL1004940009
Class C7
Residential units
21
Units in total
23
Storeys
6
Year built
1901
Last alteration on file
2004
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
18 Mar 2004$2,675,000-APARTMENT BUILDINGDEED
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 2,481 SQ FT6
Drawn from PLUTO: 6 storeys, 10,995 sq ft of building on 2,481 sq ft of lot, an average floor plate covering 74% of it. The dashed outline is the difference between the floor area ratio already built (4.43) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
2,481 sq ft
Building area
10,995 sq ft
Residential area
10,195 sq ft
Commercial area
800 sq ft
Office area
-
Retail area
800 sq ft
Buildings on the lot
1
Built floor area ratio
4.43
Residential FAR permitted
6.02
Zoning district
C6-2
03

Assessment

Assessed land value
$67,950
Assessed total value
$2,227,950
Exempt value
$0
Assessed per residential unit
$106,093

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
SoHo-Little Italy-Hudson Square
ZIP code
10012
Community district
Manhattan 2
Council district
1
Coordinates
40.722778, -73.995671
05

Other buildings in SoHo-Little Italy-Hudson Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
261 HUDSON STREETRM20120171-
570 WASHINGTON STREETD617620240-
2 CHARLTON STREETD41751966161$1.22m
110 CHARLTON STREETRM1702018183$2.64m
65 EAST HOUSTON STREETD716219910-
77 CHARLTON STREETRM1622020176$2.00m
21 SPRING STREETD715219824-
80 CLARKSON STREETD713120240-
70 CHARLTON STREETD91222014114$2.46m
565 BROOME STREETRM1112016130$5.00m
505 GREENWICH STREETRM1022003262$2.36m
111 VARICK STREETD810120180-

Every building on file in SoHo-Little Italy-Hudson Square