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Manhattan / West Village / 10011

48 7 AVENUE

Boro1
Block618
Lot33
BBL1006180033
Class D6
Residential units
159
Units in total
162
Storeys
20
Year built
1931
Last alteration on file
-
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
10 May 2022$102,000,000-APARTMENT BUILDINGDEED
11 Jan 2008$319,000,000-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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
20221$102,000,000--
20081$319,000,000--
02

The building on the lot

Section through the lot

LOT 11,250 SQ FT20
Drawn from PLUTO: 20 storeys, 142,204 sq ft of building on 11,250 sq ft of lot, an average floor plate covering 63% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,250 sq ft
Building area
142,204 sq ft
Residential area
132,204 sq ft
Commercial area
10,000 sq ft
Office area
-
Retail area
10,000 sq ft
Buildings on the lot
1
Built floor area ratio
12.64
Residential FAR permitted
7.52
Zoning district
C6-3A
03

Assessment

Assessed land value
$1,053,000
Assessed total value
$21,817,800
Exempt value
$0
Assessed per residential unit
$137,219

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
West Village
ZIP code
10011
Community district
Manhattan 2
Council district
3
Coordinates
40.738368, -74.000224
05

Other buildings in West Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
154 CHRISTOPHER STREETD647918992-
101 WEST 12 STREETD44161961416$725k
151 BANK STREETRM38419260-
521 WEST STREETD531819300-
631 HUDSON STREETD42611964266$1.37m
2 HORATIO STREETRM2411931244$1.32m
175 WEST 12 STREETRM2141963197$1.11m
650 WASHINGTON STREETD42141964136$655k
330 BLEECKER STREETD620019311-
133 WEST 11 STREETRM1992013305$7.33m
371 WEST STREETC61841960308$1.08m
299 WEST 12 STREETRM1781931193$1.90m

Every building on file in West Village