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Manhattan / East Harlem (North) / 10029

326 EAST 116 STREET

Boro1
Block1687
Lot38
BBL1016870038
Class D1
Residential units
20
Units in total
20
Storeys
6
Year built
2003
Last alteration on file
-
Recorded transfers
2 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
16 Feb 2023$1,530,754-APARTMENT BUILDINGRPTT&RET
20 Sep 2019$4,897,951-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.

By year

YearTransfersMedian recordedLowestHighest
20231$1,530,754--
20191$4,897,951--
02

The building on the lot

Section through the lot

LOT 4,541 SQ FT6
Drawn from PLUTO: 6 storeys, 15,118 sq ft of building on 4,541 sq ft of lot, an average floor plate covering 55% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,541 sq ft
Building area
15,118 sq ft
Residential area
15,118 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.33
Residential FAR permitted
3
Zoning district
R7B
03

Assessment

Assessed land value
$81,000
Assessed total value
$742,500
Exempt value
$742,500
Assessed per residential unit
$37,125

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
East Harlem (North)
ZIP code
10029
Community district
Manhattan 11
Council district
8
Coordinates
40.796248, -73.936727
05

Other buildings in East Harlem (North)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2342 1 AVENUED31,81519570-
2225 5 AVENUED991419473-
1735 MADISON AVENUED367219610-
201 EAST 125TH STREETRM40420190-
1982 LEXINGTON AVENUED934119744-
107 EAST 126 STREETD125519803-
2306 3 AVENUED723320170-
2035 5TH AVENUERM22220230-
205 EAST 110TH STREETRM20920230-
1485 5 AVENUERM2062007232$1.09m
45 EAST 135 STREETD320619463-
409 EAST 120 STREETRR19720170-

Every building on file in East Harlem (North)