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Manhattan / Murray Hill-Kips Bay / 10016

407 3 AVENUE

Boro1
Block909
Lot1
BBL1009090001
Class D4
Residential units
252
Units in total
264
Storeys
20
Year built
1964
Last alteration on file
1988
Recorded transfers
240 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
20 Jul 2026$542,0009NSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2026$615,00014SSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jan 2026$615,00016GSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Sep 2025$430,0007HSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Aug 2025$445,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2025$645,0008SSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jun 2025$1,849,00021BCSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Apr 2025$435,00012BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Apr 2025$860,00015JSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Apr 2025$482,5004RSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Apr 2025$711,75710RSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Feb 2025$470,00017CSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Feb 2025$855,33014KSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jan 2025$1,395,00012LMSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Dec 2024$475,0002LSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Nov 2024$450,00012HSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Oct 2024$1,220,00020ASINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jul 2024$575,0005RSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jul 2024$580,00010LSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2024$670,0009FSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2024$770,0007KSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jun 2024$890,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Mar 2024$544,92819CSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Mar 2024$1,325,0007JSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Feb 2024$595,0008LSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jan 2024$525,0008NSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jan 2024$545,0004MSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2023$437,7507HSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jul 2023$1,221,90014JSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jul 2023$885,8783KSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jul 2023$460,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jun 2023$797,20912PSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 May 2023$875,00010KSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Apr 2023$859,5009GSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Mar 2023$782,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2022$1,165,0006JSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Oct 2022$941,8886ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2022$998,00014DSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Aug 2022$1,110,00018BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jul 2022$825,50012SSINGLE RESIDENTIAL COOP UNITRPTT&RET
240 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
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.

By year

YearTransfersMedian recordedLowestHighest
20263$615,000$542,000$615,000
202511$645,000$430,000$1,849,000
202413$580,000$450,000$1,325,000
20238$828,355$437,750$1,221,900
202210$875,250$450,000$1,165,000
202114$734,750$300,000$1,250,000
20204$705,000$500,000$940,000
20198$732,000$430,000$1,320,000
20185$880,000$1$980,000
20175$625,000$467,500$925,000
201610$797,500$499,900$1,550,000
20158$800,000$452,000$1,200,000
201412$625,000$400,000$940,000
201313$592,500$325,000$1,675,000
201212$730,000$358,000$1,245,000
20116$398,250$318,000$1,020,000
201010$464,361$355,000$765,000
200914$627,500$290,000$799,000
200810$777,500$555,000$1,200,000
20078$604,500$440,000$878,000
200621$714,916$338,000$1,501,909
200523$474,000$345,000$12,688,705
200411$420,000$320,000$676,000
20031$435,000--
02

The building on the lot

Section through the lot

LOT 23,576 SQ FT20
Drawn from PLUTO: 20 storeys, 253,489 sq ft of building on 23,576 sq ft of lot, an average floor plate covering 54% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
23,576 sq ft
Building area
253,489 sq ft
Residential area
237,789 sq ft
Commercial area
15,700 sq ft
Office area
-
Retail area
15,700 sq ft
Buildings on the lot
1
Built floor area ratio
10.75
Residential FAR permitted
10
Zoning district
C2-8
03

Assessment

Assessed land value
$2,452,500
Assessed total value
$30,841,650
Exempt value
$101,380
Assessed per residential unit
$122,388

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
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
2
Coordinates
40.742011, -73.980278
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