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Manhattan / Chinatown-Two Bridges / 10002

31 MONROE STREET

Recorded on the Digital Tax Map as EXCEL TOWER CONDOMINIUM.

Boro1
Block276
Lot7503
BBL1002767503
Class RM
Residential units
28
Units in total
47
Storeys
13
Year built
2010
Last alteration on file
-
Recorded transfers
13 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
15 Aug 2022$820,00011DSINGLE RESIDENTIAL CONDO UNITDEED
30 Oct 2019$650,00011ASINGLE RESIDENTIAL CONDO UNITDEED
22 Aug 2018$630,00010DSINGLE RESIDENTIAL CONDO UNITDEED
13 Jan 2017$600,0007CSINGLE RESIDENTIAL CONDO UNITDEED
9 Jan 2017$600,0007DSINGLE RESIDENTIAL CONDO UNITDEED
27 Oct 2016$600,00010CSINGLE RESIDENTIAL CONDO UNITDEED
4 May 2016$600,0008BSINGLE RESIDENTIAL CONDO UNITDEED
1 Apr 2016$810,00012CSINGLE RESIDENTIAL CONDO UNITDEED
13 Aug 2015$500,00010BSINGLE RESIDENTIAL CONDO UNITDEED
17 Oct 2014$600,0008ASINGLE RESIDENTIAL CONDO UNITDEED
21 Feb 2014$550,0008DSINGLE RESIDENTIAL CONDO UNITDEED
28 Mar 2013$550,00012CSINGLE RESIDENTIAL CONDO UNITDEED
24 Aug 2012$550,0008CSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$820,000--
20191$650,000--
20181$630,000--
20172$600,000$600,000$600,000
20163$600,000$600,000$810,000
20151$500,000--
20142$575,000$550,000$600,000
20131$550,000--
20121$550,000--
02

The building on the lot

Section through the lot

LOT 7,538 SQ FT13
Drawn from PLUTO: 13 storeys, 39,197 sq ft of building on 7,538 sq ft of lot, an average floor plate covering 40% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,538 sq ft
Building area
39,197 sq ft
Residential area
19,698 sq ft
Commercial area
19,499 sq ft
Office area
17,663 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.2
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$678,601
Assessed total value
$6,749,545
Exempt value
$1,598,478
Assessed per residential unit
$241,055

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
RM
Neighbourhood
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.711747, -73.995033

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Chinatown-Two Bridges

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
225 CHERRY STREETRM1,0212015640$1.97m
265 CHERRY STREETD649019792-
185 PARK ROWD44201960262$718k
275 SOUTH STREETD625619784-
196 PARK ROWD42501965148$870k
82 RUTGERS SLIPD919819952-
2 ELIZABETH STREETR41671985111$685k
80 RUTGERS SLIPD910919871-
45 ALLEN STREETD310419730-
10 RUTGERS STREETD78320011-
148 MADISON STREETRM802002116$534k
59 HENRY STREETD68020210-

Every building on file in Chinatown-Two Bridges