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Manhattan / Murray Hill-Kips Bay / 10016

261 LEXINGTON AVENUE

Boro1
Block891
Lot27
BBL1008910027
Class D6
Residential units
148
Units in total
154
Storeys
13
Year built
1940
Last alteration on file
1988
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 10,898 SQ FT13
Drawn from PLUTO: 13 storeys, 130,272 sq ft of building on 10,898 sq ft of lot, an average floor plate covering 92% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,898 sq ft
Building area
130,272 sq ft
Residential area
124,804 sq ft
Commercial area
5,468 sq ft
Office area
5,468 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
11.95
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$1,377,000
Assessed total value
$11,444,400
Exempt value
$0
Assessed per residential unit
$77,327

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
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.747138, -73.978786
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay