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Manhattan / Upper West Side-Lincoln Square / 10023

242 WEST 61 STREET

Boro1
Block1152
Lot56
BBL1011520056
Class D3
Residential units
27
Units in total
27
Storeys
6
Year built
1900
Last alteration on file
1984
Recorded transfers
2 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
17 Dec 2007$8,400,000-APARTMENT BUILDINGDEED
29 Apr 2004$5,600,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20071$8,400,000--
20041$5,600,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 5,020 SQ FT6
Drawn from PLUTO: 6 storeys, 23,182 sq ft of building on 5,020 sq ft of lot, an average floor plate covering 77% of it. The dashed outline is the difference between the floor area ratio already built (4.62) 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
5,020 sq ft
Building area
23,182 sq ft
Residential area
23,182 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.62
Residential FAR permitted
6.02
Zoning district
C6-2
03

Assessment

Assessed land value
$900,000
Assessed total value
$3,060,900
Exempt value
$0
Assessed per residential unit
$113,367

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Upper West Side-Lincoln Square
ZIP code
10023
Community district
Manhattan 7
Council district
6
Coordinates
40.772342, -73.988891
05

Other buildings in Upper West Side-Lincoln Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
40 AMSTERDAM AVENUED31,08419480-
75 WEST END AVENUED897319940-
2001 BROADWAYRM6811965460$1.01m
20 WEST 64 STREETRM6551970230$1.53m
400 WEST 61ST STREETRM6462016177$3.78m
11 RIVERSIDE DRIVED46361950530$963k
21 WEST END AVENUERM61620131-
345 WEST 58 STREETD45861957360$759k
140 WEST END AVENUERM5611964485$713k
205 WEST END AVENUERM5431962443$748k
180 RIVERSIDE BOULEVARDD651619981-
160 WEST END AVENUERM5081963621$560k

Every building on file in Upper West Side-Lincoln Square