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Manhattan / Chelsea-Hudson Yards / 10001

241 9 AVENUE

Boro1
Block722
Lot43
BBL1007220043
Class D6
Residential units
40
Units in total
43
Storeys
6
Year built
1929
Last alteration on file
1979
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
15 Nov 2021$19,100,000-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 4,938 SQ FT6
Drawn from PLUTO: 6 storeys, 30,500 sq ft of building on 4,938 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,938 sq ft
Building area
30,500 sq ft
Residential area
28,340 sq ft
Commercial area
2,160 sq ft
Office area
-
Retail area
2,160 sq ft
Buildings on the lot
1
Built floor area ratio
6.18
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$276,300
Assessed total value
$4,802,400
Exempt value
$0
Assessed per residential unit
$120,060

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
Chelsea-Hudson Yards
ZIP code
10001
Community district
Manhattan 4
Council district
3
Coordinates
40.747774, -74.000798
05

Other buildings in Chelsea-Hudson Yards

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
415 WEST 23 STREETD990119345$1.97m
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
551 10 AVENUERM59820131-
476 11 AVENUED759020200-
320 WEST 38 STREETD856920070-
305 9 AVENUED45601963138$130k
505 WEST 35TH STREETRM53220200-
450 WEST 17 STREETRM4692006382$1.75m

Every building on file in Chelsea-Hudson Yards