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Manhattan / 10010

342 1 AVENUE

Boro1
Block978
Lot1
BBL1009780001
Class D6
Residential units
2,491
Units in total
2,498
Storeys
15
Year built
1947
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
18 Dec 2015$1,345,485,020-APARTMENT BUILDINGDEED
3 Jun 2014$1,110,044,237-APARTMENT BUILDING21 lotsDEED
17 Nov 2006$1,347,433,250-APARTMENT BUILDING21 lotsDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20151$1,345,485,020--
20141$1,110,044,237--
20061$1,347,433,250--
02

The building on the lot

Section through the lot

LOT 828,650 SQ FT15
Drawn from PLUTO: 15 storeys, 3,122,165 sq ft of building on 828,650 sq ft of lot, an average floor plate covering 25% of it. PLUTO records 23 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
828,650 sq ft
Building area
3,122,165 sq ft
Residential area
3,102,556 sq ft
Commercial area
19,609 sq ft
Office area
3,419 sq ft
Retail area
16,190 sq ft
Buildings on the lot
23
Built floor area ratio
3.77
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$32,941,350
Assessed total value
$242,411,400
Exempt value
$0
Assessed per residential unit
$97,315

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
-
ZIP code
10010
Community district
Manhattan 6
Council district
4
Coordinates
40.734874, -73.976982
05

Other buildings in ZIP 10010

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
25-00 FDR DRIVED61,10119730-
401 1 AVENUED451019703$1.76m
56 WEST 23 STREETD643120000-
5 EAST 22 STREETRM4231985418$1.58m
55 WEST 25 STREETD640720050-
444 2 AVENUED640419701-
422 2 AVENUED43841964366$660k
40 WATERSIDE PLAZAD337019730-
381 2 AVENUERX3391931349$695k
143 EAST 23 STREETD632619281-
736 AVENUE OF THE AMERICASD630119991-
7 WEST 21 STREETRM28920140-

Every building on file in ZIP 10010