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Manhattan / Harlem (South) / 10027

350 WEST 124 STREET

Boro1
Block1950
Lot57
BBL1019500057
Class D3
Residential units
53
Units in total
53
Storeys
7
Year built
2006
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
22 May 2022$828,339-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 11,254 SQ FT7
Drawn from PLUTO: 7 storeys, 48,832 sq ft of building on 11,254 sq ft of lot, an average floor plate covering 62% of it. The dashed outline is the difference between the floor area ratio already built (4.34) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,254 sq ft
Building area
48,832 sq ft
Residential area
48,832 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.34
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$304,650
Assessed total value
$2,439,000
Exempt value
$2,439,000
Assessed per residential unit
$46,019

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Harlem (South)
ZIP code
10027
Community district
Manhattan 9
Council district
9
Coordinates
40.810244, -73.954039
05

Other buildings in Harlem (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
301 CATHEDRAL PARKWAYR4256-0-
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130 LENOX AVENUERM2402000129$458k
233 WEST 125 STREETRM19120172-
2070 ADAM C POWELL BLVDD418719100-
300 WEST 122 STREETRM1702019171$911k
212 WEST 124TH STREETRR16920210-
224 WEST 124 STREETD316820212-
89 LENOX AVENUED116119811-
208 WEST 119 STREETD4158190075$377k
56 WEST 125 STREETRM14120190-
2170 8 AVENUED613820030-

Every building on file in Harlem (South)