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Manhattan / Chelsea-Hudson Yards / 10001

408 WEST 25 STREET

Boro1
Block722
Lot46
BBL1007220046
Class C6
Residential units
20
Units in total
20
Storeys
5
Year built
1910
Last alteration on file
1985
Recorded transfers
20 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
23 Jan 2023$830,0005RW/5SINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jan 2023$426,5004FWSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Dec 2021$360,0002RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Nov 2021$299,0004FESINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Oct 2021$365,0003RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Aug 2019$265,0004RESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2019$300,0002RESINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Nov 2017$255,0001RESINGLE RESIDENTIAL COOP UNITRPTT
31 Oct 2016$289,0002FWSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Nov 2015$280,0004FWSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2015$275,0004RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Dec 2014$259,0003RESINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Nov 2014$225,0003RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Aug 2014$294,0002RWSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 May 2014$250,0005FWSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Apr 2014$319,0004FESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Aug 2006$80,0002FWSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jun 2005$1,0002FESINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Aug 2004$60,0002RWSINGLE RESIDENTIAL COOP UNITRPTT
24 Jun 2004$58,0002FESINGLE 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
20232$628,250$426,500$830,000
20213$360,000$299,000$365,000
20192$282,500$265,000$300,000
20171$255,000--
20161$289,000--
20152$277,500$275,000$280,000
20145$259,000$225,000$319,000
20061$80,000--
20051$1,000--
20042$59,000$58,000$60,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 2,469 SQ FT5
Drawn from PLUTO: 5 storeys, 9,580 sq ft of building on 2,469 sq ft of lot, an average floor plate covering 78% of it. The dashed outline is the difference between the floor area ratio already built (3.88) 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
2,469 sq ft
Building area
9,580 sq ft
Residential area
9,580 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.88
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$51,300
Assessed total value
$950,400
Exempt value
$668,540
Assessed per residential unit
$47,520

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
C6WALK-UP COOPERATIVE
Neighbourhood
Chelsea-Hudson Yards
ZIP code
10001
Community district
Manhattan 4
Council district
3
Coordinates
40.747837, -74.001126
05

Other buildings in Chelsea-Hudson Yards

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
415 WEST 23 STREETD990119345$1.97m
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
551 10 AVENUERM59820131-
476 11 AVENUED759020200-
320 WEST 38 STREETD856920070-
305 9 AVENUED45601963138$130k
505 WEST 35TH STREETRM53220200-
450 WEST 17 STREETRM4692006382$1.75m

Every building on file in Chelsea-Hudson Yards