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Manhattan / Gramercy / 10003

311 2 AVENUE

Boro1
Block899
Lot24
BBL1008990024
Class C7
Residential units
24
Units in total
25
Storeys
6
Year built
1910
Last alteration on file
-
Recorded transfers
3 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 Jan 2019$18,000,000-APARTMENT BUILDINGDEED
17 Feb 2010$8,500,000-APARTMENT BUILDINGDEED
31 Aug 2005$7,200,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20191$18,000,000--
20101$8,500,000--
20051$7,200,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 3,406 SQ FT6
Drawn from PLUTO: 6 storeys, 16,026 sq ft of building on 3,406 sq ft of lot, an average floor plate covering 78% of it. The dashed outline is the difference between the floor area ratio already built (4.71) and the residential floor area ratio of the zoning district (7.52). It is a diagram of recorded figures, not a picture of the building.
Lot area
3,406 sq ft
Building area
16,026 sq ft
Residential area
14,276 sq ft
Commercial area
1,750 sq ft
Office area
-
Retail area
1,750 sq ft
Buildings on the lot
1
Built floor area ratio
4.71
Residential FAR permitted
7.52
Zoning district
R9A
03

Assessment

Assessed land value
$229,950
Assessed total value
$4,019,400
Exempt value
$0
Assessed per residential unit
$167,475

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Gramercy
ZIP code
10003
Community district
Manhattan 6
Council district
2
Coordinates
40.735084, -73.983351
05

Other buildings in Gramercy

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
10 UNION SQUARE EASTRM6451988570$1.21m
401 1 AVENUED451019703$1.76m
381 2 AVENUERX3391931349$695k
143 EAST 23 STREETD632619281-
205 3 AVENUED43261964389$715k
329 2 AVENUED629219633-
130 EAST 18 STREETD42711962236$735k
195 3 AVENUED42701973251$950k
267 3 AVENUED42641962270$723k
382 2 AVENUED42621965232$575k
145 EAST 15 STREETD42481959244$710k
166 3 AVENUED623119630-

Every building on file in Gramercy