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Manhattan / Morningside Heights / 10027

421 WEST 125 STREET

Boro1
Block1966
Lot59
BBL1019660059
Class C7
Residential units
28
Units in total
29
Storeys
5
Year built
1920
Last alteration on file
-
Recorded transfers
1 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
5 Apr 2011$2,800,000-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 8,100 SQ FT5
Drawn from PLUTO: 5 storeys, 31,814 sq ft of building on 8,100 sq ft of lot, an average floor plate covering 79% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,100 sq ft
Building area
31,814 sq ft
Residential area
28,814 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
2
Built floor area ratio
3.93
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$94,500
Assessed total value
$944,550
Exempt value
$0
Assessed per residential unit
$33,734

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
Morningside Heights
ZIP code
10027
Community district
Manhattan 9
Council district
7
Coordinates
40.812138, -73.954746
05

Other buildings in Morningside Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
80 LA SALLE STREETD49821956753$610k
40 MORNINGSIDE DRIVED143020141-
1 MORNINGSIDE DRIVED929520081-
88 MORNINGSIDE DRIVED928519251-
2891 BROADWAYD725019110-
517 WEST 121 STREETD324120040-
30 MORNINGSIDE DRIVED320619540-
100 CLAREMONT AVERM1941926137$1.86m
543 WEST 122ND STREETR41832018178$1.88m
564 RIVERSIDE DRIVED318219640-
425 RIVERSIDE DRIVED317819240-
167 CLAREMONT AVENUED315919610-

Every building on file in Morningside Heights