Residential units
490
Units in total
492
Storeys
26
Year built
1979
Last alteration on file
-
Recorded transfers
2 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 Nov 2013 | $279,315,405 | - | APARTMENT BUILDING | RPTT |
| 24 Sep 2008 | $170,785,013 | - | 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 | 1 | $279,315,405 | - | - |
| 2008 | 1 | $170,785,013 | - | - |
02
The building on the lot
Section through the lot
Lot area
103,552 sq ft
Building area
657,592 sq ft
Residential area
654,592 sq ft
Commercial area
3,000 sq ft
Office area
1,000 sq ft
Retail area
2,000 sq ft
Buildings on the lot
2
Built floor area ratio
6.35
Residential FAR permitted
10
Zoning district
C6-4
03
Assessment
Assessed land value
$7,036,200
Assessed total value
$60,635,250
Exempt value
$60,635,250
Assessed per residential unit
$123,745
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
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.710865, -73.989042
05
Other buildings in Chinatown-Two Bridges
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 225 CHERRY STREET | RM | 1,021 | 2015 | 640 | $1.97m |
| 185 PARK ROW | D4 | 420 | 1960 | 262 | $718k |
| 275 SOUTH STREET | D6 | 256 | 1978 | 4 | - |
| 196 PARK ROW | D4 | 250 | 1965 | 148 | $870k |
| 82 RUTGERS SLIP | D9 | 198 | 1995 | 2 | - |
| 2 ELIZABETH STREET | R4 | 167 | 1985 | 111 | $685k |
| 80 RUTGERS SLIP | D9 | 109 | 1987 | 1 | - |
| 45 ALLEN STREET | D3 | 104 | 1973 | 0 | - |
| 10 RUTGERS STREET | D7 | 83 | 2001 | 1 | - |
| 148 MADISON STREET | RM | 80 | 2002 | 116 | $534k |
| 59 HENRY STREET | D6 | 80 | 2021 | 0 | - |
| 25 MARKET STREET | RM | 74 | 1989 | 43 | $500k |