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Manhattan / Morningside Heights / 10027

281 ST NICHOLAS AVENUE

Boro1
Block1951
Lot14
BBL1019510014
Class D7
Residential units
32
Units in total
38
Storeys
6
Year built
1921
Last alteration on file
-
Recorded transfers
1 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
19 Dec 2012$7,900,00033APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 11,100 SQ FT6
Drawn from PLUTO: 6 storeys, 50,706 sq ft of building on 11,100 sq ft of lot, an average floor plate covering 76% of it. The dashed outline is the difference between the floor area ratio already built (4.57) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,100 sq ft
Building area
50,706 sq ft
Residential area
44,706 sq ft
Commercial area
6,000 sq ft
Office area
-
Retail area
6,000 sq ft
Buildings on the lot
1
Built floor area ratio
4.57
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$249,750
Assessed total value
$3,364,650
Exempt value
$0
Assessed per residential unit
$105,145

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
Morningside Heights
ZIP code
10027
Community district
Manhattan 9
Council district
9
Coordinates
40.810422, -73.953269
05

Other buildings in Morningside Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
80 LA SALLE STREETD49821956753$610k
40 MORNINGSIDE DRIVED143020141-
1 MORNINGSIDE DRIVED929520081-
88 MORNINGSIDE DRIVED928519251-
2891 BROADWAYD725019110-
517 WEST 121 STREETD324120040-
30 MORNINGSIDE DRIVED320619540-
100 CLAREMONT AVERM1941926137$1.86m
543 WEST 122ND STREETR41832018178$1.88m
564 RIVERSIDE DRIVED318219640-
425 RIVERSIDE DRIVED317819240-
167 CLAREMONT AVENUED315919610-

Every building on file in Morningside Heights