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Manhattan / Gramercy / 10003

321 1 AVENUE

Boro1
Block924
Lot34
BBL1009240034
Class C7
Residential units
30
Units in total
37
Storeys
4
Year built
1880
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
21 Dec 2010$10,852,000-APARTMENT 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 7,360 SQ FT4
Drawn from PLUTO: 4 storeys, 18,285 sq ft of building on 7,360 sq ft of lot, an average floor plate covering 62% of it. PLUTO records 6 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.48) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,360 sq ft
Building area
18,285 sq ft
Residential area
12,765 sq ft
Commercial area
5,520 sq ft
Office area
-
Retail area
5,520 sq ft
Buildings on the lot
6
Built floor area ratio
2.48
Residential FAR permitted
4
Zoning district
C1-6A
03

Assessment

Assessed land value
$576,000
Assessed total value
$3,093,750
Exempt value
$0
Assessed per residential unit
$103,125

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
40.73437, -73.980735
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