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Manhattan / Hamilton Heights-Sugar Hill / 10032

401 EDGECOMBE AVENUE

Boro1
Block2054
Lot56
BBL1020540056
Class C1Hamilton Heights / Sugar Hill Northeast Historic District
Residential units
66
Units in total
66
Storeys
5
Year built
1922
Last alteration on file
1988
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 May 2023$11,350,000-APARTMENT BUILDINGDEED
1 Jan 2013$467,941-APARTMENT BUILDINGDEED
1 Jan 2013$376,789-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20231$11,350,000--
20132$422,365$376,789$467,941
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 15,000 SQ FT5
Drawn from PLUTO: 5 storeys, 53,815 sq ft of building on 15,000 sq ft of lot, an average floor plate covering 72% of it. PLUTO records 2 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 (3.59) 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
15,000 sq ft
Building area
53,815 sq ft
Residential area
53,815 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.59
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$337,500
Assessed total value
$3,207,150
Exempt value
$0
Assessed per residential unit
$48,593

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Hamilton Heights-Sugar Hill
ZIP code
10032
Community district
Manhattan 9
Council district
9
Coordinates
40.828984, -73.940317
05

Other buildings in Hamilton Heights-Sugar Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
626 RIVERSIDE DRIVED436919640-
620 WEST 153 STREETD823820220-
385 WEST 145 STREETD42351957194$425k
1901 AMSTERDAM AVENUED316819610-
640 RIVERSIDE DRIVED313419141-
1641 AMSTERDAM AVENUED713219010-
1821 AMSTERDAM AVENUED313219840-
400 WEST 155 STREETRM12420140-
409 EDGECOMBE AVENUED4123191786$327k
317 EDGECOMBE AVENUED111819300-
625 WEST 140 STREETD611320090-
680 ST NICHOLAS AVENUED711119004-

Every building on file in Hamilton Heights-Sugar Hill