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Manhattan / Financial District-Battery Park City / 10004

48 BEAVER STREET

Boro1
Block29
Lot7501
BBL1000297501
Class RMINDIVIDUAL LANDMARK
Residential units
39
Units in total
42
Storeys
8
Year built
1920
Last alteration on file
1997
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 9,150 SQ FT8
Drawn from PLUTO: 8 storeys, 61,238 sq ft of building on 9,150 sq ft of lot, an average floor plate covering 84% 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 (6.69) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
9,150 sq ft
Building area
61,238 sq ft
Residential area
44,716 sq ft
Commercial area
16,522 sq ft
Office area
-
Retail area
16,522 sq ft
Buildings on the lot
3
Built floor area ratio
6.69
Residential FAR permitted
10
Zoning district
C5-5
03

Assessment

Assessed land value
$2,051,100
Assessed total value
$7,438,500
Exempt value
$0
Assessed per residential unit
$190,731

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
RM
Neighbourhood
Financial District-Battery Park City
ZIP code
10004
Community district
Manhattan 1
Council district
1
Coordinates
40.704956, -74.010409

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Financial District-Battery Park City

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 SOUTH END AVENUED61,71219830-
80 GOLD STREETD41,6411971567$710k
130 WATER STREETRM1,41819610-
115 BROAD STREETD51,32019690-
8 SPRUCE STREETRM89920072-
222 BROADWAYD478819611-
20 EXCHANGE PLACERM76219310-
2 GOLD STREETD865020030-
66 PINE STREETRM61219320-
160 WATER STREETD558819720-
127 JOHN STREETD857619733-
180 WATER STREETD657319710-

Every building on file in Financial District-Battery Park City