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Manhattan / East Midtown-Turtle Bay / 10022

340 EAST 55 STREET

Boro1
Block1347
Lot35
BBL1013470035
Class C5
Residential units
20
Units in total
20
Storeys
5
Year built
1920
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
9 May 2007$4,000,000-APARTMENT BUILDINGDEED
28 Dec 2006$862,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20071$4,000,000--
20061$862,000--
02

The building on the lot

Section through the lot

LOT 2,519 SQ FT5
Drawn from PLUTO: 5 storeys, 10,035 sq ft of building on 2,519 sq ft of lot, an average floor plate covering 80% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
2,519 sq ft
Building area
10,035 sq ft
Residential area
9,635 sq ft
Commercial area
400 sq ft
Office area
400 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.98
Residential FAR permitted
4
Zoning district
R8B
03

Assessment

Assessed land value
$198,900
Assessed total value
$1,727,100
Exempt value
$0
Assessed per residential unit
$86,355

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
C5CONVERTED DWELLINGS OR ROOMING HOUSE
Neighbourhood
East Midtown-Turtle Bay
ZIP code
10022
Community district
Manhattan 6
Council district
4
Coordinates
40.757162, -73.964825
05

Other buildings in East Midtown-Turtle Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
400 EAST 56 STREETD46291969580$835k
245 EAST 54 STREETD44441977574$630k
984 1 AVENUED739719300-
420 EAST 54 STREETD739419821-
1084 2 AVENUED43711968432$438k
300 EAST 56 STREETD636919751-
60 SUTTON PLACE SOUTHD43671951382$775k
845 UNITED NATIONS PLAZARM3622000508$2.25m
150 EAST 44 STREETD836020000-
300 EAST 54 STREETD43601977295$808k
425 EAST 58 STREETD43481975265$1.69m
305 EAST 45 STREETD43381929443$758k

Every building on file in East Midtown-Turtle Bay