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Manhattan / Upper East Side-Yorkville / 10128

403 EAST 87 STREET

Boro1
Block1567
Lot104
BBL1015670104
Class D4
Residential units
24
Units in total
24
Storeys
6
Year built
1910
Last alteration on file
1989
Recorded transfers
6 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
19 Feb 2021$210,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
24 May 2018$995,0001DSINGLE RESIDENTIAL COOP UNIT2 lotsRPTT&RET
28 Jul 2015$410,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jul 2014$567,1531BSINGLE RESIDENTIAL COOP UNIT16 lotsRPTT&RET
8 Nov 2004$325,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Aug 2004$25,0005ASINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20211$210,000--
20181$995,000--
20151$410,000--
20141$567,153--
20042$175,000$25,000$325,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 2,617 SQ FT6
Drawn from PLUTO: 6 storeys, 13,000 sq ft of building on 2,617 sq ft of lot, an average floor plate covering 83% of it. The dashed outline is the difference between the floor area ratio already built (4.97) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
2,617 sq ft
Building area
13,000 sq ft
Residential area
13,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.97
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$391,500
Assessed total value
$1,688,400
Exempt value
$18,258
Assessed per residential unit
$70,350

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Upper East Side-Yorkville
ZIP code
10128
Community district
Manhattan 8
Council district
5
Coordinates
40.777551, -73.948295
05

Other buildings in Upper East Side-Yorkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1623 3 AVENUERD710-1,625$875k
1660 2 AVENUED669219643-
1767 2 AVENUED465019730-
1749 2 AVENUED657619750-
1601 3 AVENUERD55319750-
1522 2 AVENUERM5371974499$840k
333 EAST 79 STREETD44401961438$755k
1533 YORK AVENUED341519661-
201 EAST 87 STREETD641019751-
1673 YORK AVENUED638319740-
1781 1 AVENUED43671980351$603k
1751 YORK AVENUED732819860-

Every building on file in Upper East Side-Yorkville