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Manhattan / Midtown-Times Square / 10019

242 WEST 53 STREET

Boro1
Block1024
Lot52
BBL1010240052
Class D8
Residential units
426
Units in total
428
Storeys
62
Year built
2015
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 29,125 SQ FT62
Drawn from PLUTO: 62 storeys, 542,276 sq ft of building on 29,125 sq ft of lot, an average floor plate covering 30% of it. Bands are drawn to a maximum of 48. It is a diagram of recorded figures, not a picture of the building.
Lot area
29,125 sq ft
Building area
542,276 sq ft
Residential area
525,762 sq ft
Commercial area
16,514 sq ft
Office area
-
Retail area
16,514 sq ft
Buildings on the lot
1
Built floor area ratio
18.62
Residential FAR permitted
10
Zoning district
C6-5
03

Assessment

Assessed land value
$5,242,500
Assessed total value
$80,249,850
Exempt value
$0
Assessed per residential unit
$188,380

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
D8ELEVATOR APT; LUXURY TYPE
Neighbourhood
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
3
Coordinates
40.763561, -73.984073
05

Other buildings in Midtown-Times Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
680 8 AVENUED565219201-
250 WEST 50 STREETD6550199811-
235 WEST 56 STREETRM48219870-
235 WEST 48 STREETD847719892-
770 8 AVENUED646420010-
76179 7 AVENUERM4451927453$650k
1752 BROADWAYD6396197915-
890 8 AVENUERM39420030-
870 8 AVENUED638119650-
980 AVENUE OF THE AMERICASD638019860-
66 WEST 38 STREETRM37420010-
150 WEST 56 STREETRM3371987378$1.41m

Every building on file in Midtown-Times Square