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Manhattan / SoHo-Little Italy-Hudson Square / 10012

40 PRINCE STREET

Boro1
Block494
Lot15
BBL1004940015
Class D7
Residential units
23
Units in total
27
Storeys
7
Year built
1900
Last alteration on file
2001
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

PERMITTED, NOT BUILTLOT 9,085 SQ FT7
Drawn from PLUTO: 7 storeys, 45,990 sq ft of building on 9,085 sq ft of lot, an average floor plate covering 72% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (5.06) 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
9,085 sq ft
Building area
45,990 sq ft
Residential area
36,746 sq ft
Commercial area
9,244 sq ft
Office area
2,000 sq ft
Retail area
7,244 sq ft
Buildings on the lot
3
Built floor area ratio
5.06
Residential FAR permitted
6.02
Zoning district
C6-2
03

Assessment

Assessed land value
$433,350
Assessed total value
$6,818,850
Exempt value
$0
Assessed per residential unit
$296,472

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
SoHo-Little Italy-Hudson Square
ZIP code
10012
Community district
Manhattan 2
Council district
1
Coordinates
40.723028, -73.995544
05

Other buildings in SoHo-Little Italy-Hudson Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
261 HUDSON STREETRM20120171-
570 WASHINGTON STREETD617620240-
2 CHARLTON STREETD41751966161$1.22m
110 CHARLTON STREETRM1702018183$2.64m
65 EAST HOUSTON STREETD716219910-
77 CHARLTON STREETRM1622020176$2.00m
21 SPRING STREETD715219824-
80 CLARKSON STREETD713120240-
70 CHARLTON STREETD91222014114$2.46m
565 BROOME STREETRM1112016130$5.00m
505 GREENWICH STREETRM1022003262$2.36m
111 VARICK STREETD810120180-

Every building on file in SoHo-Little Italy-Hudson Square