apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Manhattan / Gramercy / 10003

245 PARK AVENUE SOUTH

Boro1
Block875
Lot79
BBL1008750079
Class D8
Residential units
55
Units in total
63
Storeys
6
Year built
1940
Last alteration on file
1987
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

PERMITTED, NOT BUILTLOT 11,654 SQ FT6
Drawn from PLUTO: 6 storeys, 44,713 sq ft of building on 11,654 sq ft of lot, an average floor plate covering 64% of it. The dashed outline is the difference between the floor area ratio already built (3.84) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,654 sq ft
Building area
44,713 sq ft
Residential area
38,713 sq ft
Commercial area
6,000 sq ft
Office area
2,500 sq ft
Retail area
3,500 sq ft
Buildings on the lot
1
Built floor area ratio
3.84
Residential FAR permitted
10
Zoning district
C6-4A
03

Assessment

Assessed land value
$1,566,000
Assessed total value
$8,988,750
Exempt value
$0
Assessed per residential unit
$163,432

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
Gramercy
ZIP code
10003
Community district
Manhattan 5
Council district
2
Coordinates
40.737997, -73.987511
05

Other buildings in Gramercy

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 UNION SQUARE EASTRM6451988570$1.21m
401 1 AVENUED451019703$1.76m
381 2 AVENUERX3391931349$695k
143 EAST 23 STREETD632619281-
205 3 AVENUED43261964389$715k
329 2 AVENUED629219633-
130 EAST 18 STREETD42711962236$735k
195 3 AVENUED42701973251$950k
267 3 AVENUED42641962270$723k
382 2 AVENUED42621965232$575k
145 EAST 15 STREETD42481959244$710k
166 3 AVENUED623119630-

Every building on file in Gramercy