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Manhattan / Murray Hill-Kips Bay / 10016

316 EAST 34 STREET

Boro1
Block939
Lot51
BBL1009390051
Class C4
Residential units
20
Units in total
20
Storeys
5
Year built
1940
Last alteration on file
1988
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
30 Dec 2013$19,194,191-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

PERMITTED, NOT BUILTLOT 2,345 SQ FT5
Drawn from PLUTO: 5 storeys, 9,270 sq ft of building on 2,345 sq ft of lot, an average floor plate covering 79% of it. The dashed outline is the difference between the floor area ratio already built (3.95) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
2,345 sq ft
Building area
9,270 sq ft
Residential area
9,270 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.95
Residential FAR permitted
10
Zoning district
C1-9A
03

Assessment

Assessed land value
$128,700
Assessed total value
$1,039,050
Exempt value
$0
Assessed per residential unit
$51,953

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
C4OLD LAW TENEMENT
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.744162, -73.975146
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay