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Manhattan / East Village / 10003

285 BOWERY

Boro1
Block456
Lot7
BBL1004560007
Class D9
Residential units
206
Units in total
215
Storeys
9
Year built
2005
Last alteration on file
2014
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 2018$188,000,000-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

LOT 35,772 SQ FT9
Drawn from PLUTO: 9 storeys, 234,610 sq ft of building on 35,772 sq ft of lot, an average floor plate covering 73% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
35,772 sq ft
Building area
234,610 sq ft
Residential area
188,329 sq ft
Commercial area
46,281 sq ft
Office area
-
Retail area
20,731 sq ft
Buildings on the lot
1
Built floor area ratio
6.56
Residential FAR permitted
6.02
Zoning district
R8X
03

Assessment

Assessed land value
$1,098,000
Assessed total value
$35,659,800
Exempt value
$6,964,781
Assessed per residential unit
$173,106

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
East Village
ZIP code
10003
Community district
Manhattan 3
Council district
2
Coordinates
40.724394, -73.991803
05

Other buildings in East Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
66 1 AVENUED487719621-
604 EAST 14TH STREETD661619800-
162 AVENUE CD443919503-
188 AVENUE CD937119660-
30 3 AVENUED42601965274$1.30m
137 4 AVENUED620919640-
60 1 AVENUED420319640-
223 AVENUE CD619720171-
205 AVENUE CD317619791-
190 EAST 7 STREETD117419980-
111 4 AVENUED41721921184$1.06m
162 2 AVENUED915919290-

Every building on file in East Village