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Manhattan / Midtown South-Flatiron-Union Square / 10001

262 5 AVENUE

Boro1
Block830
Lot44
BBL1008300044
Class D6
Residential units
41
Units in total
42
Storeys
54
Year built
2023
Last alteration on file
2021
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 4,942 SQ FT54
Drawn from PLUTO: 54 storeys, 188,514 sq ft of building on 4,942 sq ft of lot, an average floor plate covering 71% of it. Bands are drawn to a maximum of 48. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,942 sq ft
Building area
188,514 sq ft
Residential area
184,958 sq ft
Commercial area
3,556 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
38.15
Residential FAR permitted
10
Zoning district
C5-2
03

Assessment

Assessed land value
$2,220,300
Assessed total value
$14,130,000
Exempt value
$0
Assessed per residential unit
$344,634

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 South-Flatiron-Union Square
ZIP code
10001
Community district
Manhattan 5
Council district
3
Coordinates
40.745314, -73.987246
05

Other buildings in Midtown South-Flatiron-Union Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
7 EAST 14 STREETD44951965489$800k
6 WEST 16 STREETD44811964464$847k
241 WEST 28 STREETD648020211-
132 WEST 32 STREETRM45820051-
56 WEST 23 STREETD643120000-
7 WEST 14 STREETD44301964418$885k
5 EAST 22 STREETRM4231985418$1.58m
10 EAST 28 STREETD641619121-
55 WEST 25 STREETD640720050-
7 EAST 28 STREETD840419981-
776 AVENUE OF THE AMERICASD838720001-
855 AVENUE OF THE AMERICASRM38220140-

Every building on file in Midtown South-Flatiron-Union Square