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Manhattan / Murray Hill-Kips Bay / 10016

385 3 AVENUE

Recorded on the Digital Tax Map as THE 385 THIRD AVENUE CONDOMINIUM.

Boro1
Block908
Lot7502
BBL1009087502
Class RM
Residential units
49
Units in total
50
Storeys
18
Year built
2006
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 4,446 SQ FT18
Drawn from PLUTO: 18 storeys, 63,277 sq ft of building on 4,446 sq ft of lot, an average floor plate covering 79% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,446 sq ft
Building area
63,277 sq ft
Residential area
60,117 sq ft
Commercial area
3,160 sq ft
Office area
-
Retail area
3,160 sq ft
Buildings on the lot
1
Built floor area ratio
14.23
Residential FAR permitted
10
Zoning district
C2-8
03

Assessment

Assessed land value
$400,050
Assessed total value
$10,517,400
Exempt value
$9,031,068
Assessed per residential unit
$214,641

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
RM
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
2
Coordinates
40.741594, -73.980748

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay