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Manhattan / Midtown South-Flatiron-Union Square / 10016

241 5 AVENUE

Recorded on the Digital Tax Map as 241 5TH CONDOMINIUM.

Boro1
Block857
Lot7502
BBL1008577502
Class RMMadison Square North Historic District
Residential units
46
Units in total
47
Storeys
20
Year built
2012
Last alteration on file
-
Recorded transfers
82 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
22 Jul 2026$2,180,00010BSINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2026$2,275,00016BSINGLE RESIDENTIAL CONDO UNITDEED
8 Jun 2026$1,030,00012CSINGLE RESIDENTIAL CONDO UNITDEED
22 Jan 2026$2,200,0003CSINGLE RESIDENTIAL CONDO UNITDEED
10 Dec 2025$1,125,0005CSINGLE RESIDENTIAL CONDO UNITDEED
2 Dec 2025$2,000,00012ASINGLE RESIDENTIAL CONDO UNITDEED
24 Sep 2025$2,400,00018BSINGLE RESIDENTIAL CONDO UNITDEED
18 Jul 2025$1,010,0005ASINGLE RESIDENTIAL CONDO UNITDEED
7 Apr 2025$2,850,0008BSINGLE RESIDENTIAL CONDO UNITDEED
23 Jul 2024$3,187,5003BSINGLE RESIDENTIAL CONDO UNITDEED
8 Apr 2024$2,550,00019ASINGLE RESIDENTIAL CONDO UNITDEED
20 Mar 2024$5,350,00015PHSINGLE RESIDENTIAL CONDO UNITDEED
28 Dec 2022$1,130,0006ASINGLE RESIDENTIAL CONDO UNITDEED
1 Sep 2022$1,280,0008CSINGLE RESIDENTIAL CONDO UNITDEED
17 May 2022$2,410,00011BSINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2021$1,025,0008ASINGLE RESIDENTIAL CONDO UNITDEED
11 Jun 2021$1,850,00014ASINGLE RESIDENTIAL CONDO UNITDEED
19 Feb 2020$1,160,0009ASINGLE RESIDENTIAL CONDO UNITDEED
15 Nov 2019$2,380,00017ASINGLE RESIDENTIAL CONDO UNITDEED
13 Sep 2019$2,470,00014BSINGLE RESIDENTIAL CONDO UNITDEED
10 Jul 2019$1,188,80014CSINGLE RESIDENTIAL CONDO UNITDEED
14 Jun 2019$1,250,0009CSINGLE RESIDENTIAL CONDO UNITDEED
13 Jun 2019$2,350,00016ASINGLE RESIDENTIAL CONDO UNITDEED
10 Dec 2018$1,250,0005CSINGLE RESIDENTIAL CONDO UNITDEED
15 Aug 2017$3,125,0005BSINGLE RESIDENTIAL CONDO UNITDEED
1 Nov 2016$1,280,0009ASINGLE RESIDENTIAL CONDO UNITDEED
16 Sep 2016$1,300,00010CSINGLE RESIDENTIAL CONDO UNITDEED
24 Jun 2015$1,305,0006ASINGLE RESIDENTIAL CONDO UNITDEED
16 Jun 2015$1,360,00014CSINGLE RESIDENTIAL CONDO UNITDEED
20 Jan 2015$1,380,00013CSINGLE RESIDENTIAL CONDO UNITDEED
15 Jan 2015$3,500,0007BSINGLE RESIDENTIAL CONDO UNITDEED
4 Sep 2014$2,900,00012BSINGLE RESIDENTIAL CONDO UNITDEED
4 Aug 2014$1,282,9959ASINGLE RESIDENTIAL CONDO UNITDEED
18 Jul 2014$1,340,0007CSINGLE RESIDENTIAL CONDO UNITDEED
27 May 2014$1,200,0005ASINGLE RESIDENTIAL CONDO UNITDEED
29 Apr 2014$8,146,00020PHSINGLE RESIDENTIAL CONDO UNITDEED
14 Feb 2014$1,221,90014CSINGLE RESIDENTIAL CONDO UNITDEED
29 Jan 2014$2,650,00016BSINGLE RESIDENTIAL CONDO UNITDEED
24 Jan 2014$1,135,0006ASINGLE RESIDENTIAL CONDO UNITDEED
16 Jan 2014$1,069,16310CSINGLE RESIDENTIAL CONDO UNITDEED
82 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.

By year

YearTransfersMedian recordedLowestHighest
20264$2,190,000$1,030,000$2,275,000
20255$2,000,000$1,010,000$2,850,000
20243$3,187,500$2,550,000$5,350,000
20223$1,280,000$1,130,000$2,410,000
20212$1,437,500$1,025,000$1,850,000
20201$1,160,000--
20195$2,350,000$1,188,800$2,470,000
20181$1,250,000--
20171$3,125,000--
20162$1,290,000$1,280,000$1,300,000
20154$1,370,000$1,305,000$3,500,000
201410$1,311,498$1,069,163$8,146,000
201341$2,469,256$705,000$6,700,000
02

The building on the lot

Section through the lot

LOT 5,200 SQ FT20
Drawn from PLUTO: 20 storeys, 56,580 sq ft of building on 5,200 sq ft of lot, an average floor plate covering 54% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,200 sq ft
Building area
56,580 sq ft
Residential area
53,366 sq ft
Commercial area
3,214 sq ft
Office area
-
Retail area
3,214 sq ft
Buildings on the lot
1
Built floor area ratio
10.88
Residential FAR permitted
10
Zoning district
C5-2
03

Assessment

Assessed land value
$2,340,007
Assessed total value
$11,935,809
Exempt value
$0
Assessed per residential unit
$259,474

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
Midtown South-Flatiron-Union Square
ZIP code
10016
Community district
Manhattan 5
Council district
3
Coordinates
40.744211, -73.987243

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 Midtown South-Flatiron-Union Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
7 EAST 14 STREETD44951965489$800k
6 WEST 16 STREETD44811964464$847k
241 WEST 28 STREETD648020211-
132 WEST 32 STREETRM45820051-
56 WEST 23 STREETD643120000-
7 WEST 14 STREETD44301964418$885k
5 EAST 22 STREETRM4231985418$1.58m
10 EAST 28 STREETD641619121-
55 WEST 25 STREETD640720050-
7 EAST 28 STREETD840419981-
776 AVENUE OF THE AMERICASD838720001-
855 AVENUE OF THE AMERICASRM38220140-

Every building on file in Midtown South-Flatiron-Union Square