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Manhattan / Chelsea-Hudson Yards / 10001

454 WEST 35 STREET

Boro1
Block732
Lot68
BBL1007320068
Class C4
Residential units
31
Units in total
31
Storeys
6
Year built
1900
Last alteration on file
1997
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
30 Apr 2021$3,186,797-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

PERMITTED, NOT BUILTLOT 7,962 SQ FT6
Drawn from PLUTO: 6 storeys, 10,348 sq ft of building on 7,962 sq ft of lot, an average floor plate covering 22% 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 (1.3) 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
7,962 sq ft
Building area
10,348 sq ft
Residential area
10,348 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
1.3
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$195,750
Assessed total value
$1,144,350
Exempt value
$1,144,350
Assessed per residential unit
$36,915

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
C4OLD LAW TENEMENT
Neighbourhood
Chelsea-Hudson Yards
ZIP code
10001
Community district
Manhattan 4
Council district
3
Coordinates
40.754784, -73.998109
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