Residential units
550
Units in total
554
Storeys
40
Year built
1998
Last alteration on file
2017
Recorded transfers
11 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 27 Feb 2013 | $346,738,833 | - | APARTMENT BUILDING | RPTT |
| 27 Feb 2013 | $346,738,833 | - | APARTMENT BUILDING | RPTT |
| 6 Jun 2012 | $222,776,480 | - | APARTMENT BUILDING | RPTT |
| 6 Jun 2012 | $246,983,688 | - | APARTMENT BUILDING | RPTT |
| 20 Jan 2012 | $246,983,688 | - | APARTMENT BUILDING | RPTT |
| 20 Jan 2012 | $222,776,480 | - | APARTMENT BUILDING | RPTT |
| 1 Dec 2010 | $4,451,972 | - | APARTMENT BUILDING | RPTT |
| 1 Dec 2010 | $3,951,454 | - | APARTMENT BUILDING | RPTT |
| 1 Dec 2010 | $423,080,834 | - | APARTMENT BUILDING | RPTT |
| 1 Dec 2010 | $263,430,298 | - | APARTMENT BUILDING | RPTT |
| 5 Oct 2007 | $1,633,146,334 | - | APARTMENT BUILDING | RPTT&RET |
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
- 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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2013 | 2 | $346,738,833 | $346,738,833 | $346,738,833 |
| 2012 | 4 | $234,880,084 | $222,776,480 | $246,983,688 |
| 2010 | 4 | $133,941,135 | $3,951,454 | $423,080,834 |
| 2007 | 1 | $1,633,146,334 | - | - |
02
The building on the lot
Section through the lot
Lot area
35,167 sq ft
Building area
578,099 sq ft
Residential area
489,577 sq ft
Commercial area
88,522 sq ft
Office area
-
Retail area
22,800 sq ft
Buildings on the lot
1
Built floor area ratio
16.44
Residential FAR permitted
10
Zoning district
C6-4
03
Assessment
Assessed land value
$9,000,000
Assessed total value
$80,137,350
Exempt value
$37,939,050
Assessed per residential unit
$145,704
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
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
3
Coordinates
40.761827, -73.985817
05
Other buildings in Midtown-Times Square
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 680 8 AVENUE | D5 | 652 | 1920 | 1 | - |
| 235 WEST 56 STREET | RM | 482 | 1987 | 0 | - |
| 235 WEST 48 STREET | D8 | 477 | 1989 | 2 | - |
| 770 8 AVENUE | D6 | 464 | 2001 | 0 | - |
| 76179 7 AVENUE | RM | 445 | 1927 | 453 | $650k |
| 242 WEST 53 STREET | D8 | 426 | 2015 | 0 | - |
| 1752 BROADWAY | D6 | 396 | 1979 | 15 | - |
| 890 8 AVENUE | RM | 394 | 2003 | 0 | - |
| 870 8 AVENUE | D6 | 381 | 1965 | 0 | - |
| 980 AVENUE OF THE AMERICAS | D6 | 380 | 1986 | 0 | - |
| 66 WEST 38 STREET | RM | 374 | 2001 | 0 | - |
| 150 WEST 56 STREET | RM | 337 | 1987 | 378 | $1.41m |