Residential units
256
Units in total
258
Storeys
19
Year built
1978
Last alteration on file
-
Recorded transfers
4 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 |
|---|---|---|---|---|
| 31 Oct 2019 | $163,012,666 | - | APARTMENT BUILDING | RPTT |
| 14 Dec 2017 | $167,500,000 | - | APARTMENT BUILDING | DEED |
| 9 Feb 2015 | $115,000,000 | - | APARTMENT BUILDING | DEED |
| 18 Dec 2012 | $42,478,500 | - | APARTMENT BUILDING | RPTT |
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2019 | 1 | $163,012,666 | - | - |
| 2017 | 1 | $167,500,000 | - | - |
| 2015 | 1 | $115,000,000 | - | - |
| 2012 | 1 | $42,478,500 | - | - |
02
The building on the lot
Section through the lot
Lot area
51,180 sq ft
Building area
262,875 sq ft
Residential area
261,875 sq ft
Commercial area
1,000 sq ft
Office area
-
Retail area
1,000 sq ft
Buildings on the lot
1
Built floor area ratio
5.14
Residential FAR permitted
10
Zoning district
C6-4
03
Assessment
Assessed land value
$1,516,950
Assessed total value
$33,992,100
Exempt value
$33,992,100
Assessed per residential unit
$132,782
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
40.710706, -73.987714
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 |
| 265 CHERRY STREET | D6 | 490 | 1979 | 2 | - |
| 185 PARK ROW | D4 | 420 | 1960 | 262 | $718k |
| 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 |