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Manhattan / Hell's Kitchen / 10036

410 WEST 48 STREET

Boro1
Block1057
Lot40
BBL1010570040
Class C7
Residential units
24
Units in total
26
Storeys
6
Year built
1930
Last alteration on file
2004
Recorded transfers
2 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
21 Jun 2022$16,300,000-APARTMENT BUILDINGDEED
29 May 2020$10,084,984-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20221$16,300,000--
20201$10,084,984--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 4,383 SQ FT6
Drawn from PLUTO: 6 storeys, 17,767 sq ft of building on 4,383 sq ft of lot, an average floor plate covering 68% 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 (4.05) 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
4,383 sq ft
Building area
17,767 sq ft
Residential area
12,689 sq ft
Commercial area
5,078 sq ft
Office area
4,078 sq ft
Retail area
-
Buildings on the lot
3
Built floor area ratio
4.05
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$394,650
Assessed total value
$2,988,900
Exempt value
$0
Assessed per residential unit
$124,538

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Hell's Kitchen
ZIP code
10036
Community district
Manhattan 4
Council district
3
Coordinates
40.762395, -73.990784
05

Other buildings in Hell's Kitchen

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
605 WEST 42 STREETRM1,16620081-
827 11 AVENUED71,02820150-
560 10 AVENUERM814200861$2.24m
625 WEST 57 STREETRM70920130-
550 WEST 45 STREETRM69920110-
350 WEST 50 STREETRM65419891,184$760k
601 WEST 57 STREETD659720030-
322 WEST 57 STREETRM5831978879$1.40m
340 WEST 57 STREETRM5761904646$930k
350 WEST 42 STREETRM55120041,251$1.15m
475 WEST 40TH STREETRM45320230-
555 WEST 42 STREETD841819871-

Every building on file in Hell's Kitchen