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Manhattan / Upper West Side (Central) / 10024

265 WEST 87 STREET

Boro1
Block1235
Lot9
BBL1012350009
Class D7
Residential units
26
Units in total
27
Storeys
8
Year built
1950
Last alteration on file
2000
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.

RecordedConsiderationUnitWhat transferredInstrument
3 Oct 2022$113,400,000-APARTMENT BUILDINGRPTT&RET
1 Oct 2022$52,725,000-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 3,525 SQ FT8
Drawn from PLUTO: 8 storeys, 19,931 sq ft of building on 3,525 sq ft of lot, an average floor plate covering 71% of it. The dashed outline is the difference between the floor area ratio already built (5.65) 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
3,525 sq ft
Building area
19,931 sq ft
Residential area
11,631 sq ft
Commercial area
8,300 sq ft
Office area
-
Retail area
5,000 sq ft
Buildings on the lot
1
Built floor area ratio
5.65
Residential FAR permitted
10
Zoning district
R10A
03

Assessment

Assessed land value
$277,650
Assessed total value
$3,106,800
Exempt value
$0
Assessed per residential unit
$119,492

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Upper West Side (Central)
ZIP code
10024
Community district
Manhattan 7
Council district
6
Coordinates
40.789385, -73.976378
05

Other buildings in Upper West Side (Central)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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225 CENTRAL PARK WESTD43381926256$655k
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225 WEST 83 STREETRM3041985284$1.21m
275 WEST 96 STREETRM3011983302$1.35m
100 WEST 93 STREETRM2791973400$402k
380 AMSTERDAM AVENUERM2721975281$785k
575 AMSTERDAM AVENUED726619757-
601 AMSTERDAM AVENUED626519970-
230 RIVERSIDE DRIVER42591931544$850k

Every building on file in Upper West Side (Central)