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Manhattan / East Harlem (North) / 10035

245 EAST 124 STREET

Boro1
Block1789
Lot21
BBL1017890021
Class D6
Residential units
185
Units in total
190
Storeys
12
Year built
2009
Last alteration on file
-
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 2022$29,920-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 24,927 SQ FT12
Drawn from PLUTO: 12 storeys, 208,526 sq ft of building on 24,927 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
24,927 sq ft
Building area
208,526 sq ft
Residential area
171,009 sq ft
Commercial area
37,517 sq ft
Office area
299 sq ft
Retail area
8,121 sq ft
Buildings on the lot
1
Built floor area ratio
8.37
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$1,593,900
Assessed total value
$14,664,150
Exempt value
$14,203,566
Assessed per residential unit
$79,266

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
East Harlem (North)
ZIP code
10035
Community district
Manhattan 11
Council district
8
Coordinates
40.802497, -73.934471
05

Other buildings in East Harlem (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2342 1 AVENUED31,81519570-
2225 5 AVENUED991419473-
1735 MADISON AVENUED367219610-
201 EAST 125TH STREETRM40420190-
1982 LEXINGTON AVENUED934119744-
107 EAST 126 STREETD125519803-
2306 3 AVENUED723320170-
2035 5TH AVENUERM22220230-
205 EAST 110TH STREETRM20920230-
1485 5 AVENUERM2062007232$1.09m
45 EAST 135 STREETD320619463-
409 EAST 120 STREETRR19720170-

Every building on file in East Harlem (North)