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Manhattan / Chinatown-Two Bridges / 10002

48 MARKET STREET

Boro1
Block274
Lot7501
BBL1002747501
Class RM
Residential units
26
Units in total
28
Storeys
9
Year built
1990
Last alteration on file
-
Recorded transfers
23 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
18 Jun 2026$650,0002CSINGLE RESIDENTIAL CONDO UNITDEED
18 Aug 2025$600,0003ASINGLE RESIDENTIAL CONDO UNITDEED
14 Jan 2025$630,0005DSINGLE RESIDENTIAL CONDO UNITDEED
24 Aug 2023$460,0002DSINGLE RESIDENTIAL CONDO UNITDEED
14 Aug 2023$630,0005ASINGLE RESIDENTIAL CONDO UNITDEED
6 Jul 2023$860,0009ASINGLE RESIDENTIAL CONDO UNITDEED
7 Dec 2022$102DSINGLE RESIDENTIAL CONDO UNITDEED
29 Jan 2021$708,0003CSINGLE RESIDENTIAL CONDO UNITDEED
6 Aug 2018$102DSINGLE RESIDENTIAL CONDO UNITDEED
20 Jul 2017$102DSINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2017$625,0003ASINGLE RESIDENTIAL CONDO UNITDEED
22 Oct 2015$495,0005DSINGLE RESIDENTIAL CONDO UNITDEED
12 Aug 2015$835,0002ASINGLE RESIDENTIAL CONDO UNITDEED
12 Jun 2012$300,0004DSINGLE RESIDENTIAL CONDO UNITDEED
31 Oct 2007$405,0005DSINGLE RESIDENTIAL CONDO UNITDEED
17 Sep 2007$139,0002BSINGLE RESIDENTIAL CONDO UNITDEEDO
9 Aug 2006$492,5002ASINGLE RESIDENTIAL CONDO UNITDEED
16 Aug 2005$400,0006ASINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2005$373,0005ASINGLE RESIDENTIAL CONDO UNITDEEDO
1 Nov 2004$150,0007BSINGLE RESIDENTIAL CONDO UNITDEEDO
24 Feb 2004$139,0002BSINGLE RESIDENTIAL CONDO UNITDEED
24 Feb 2004$63,8504BSINGLE RESIDENTIAL CONDO UNITDEED
3 Mar 2003$250,0004CSINGLE RESIDENTIAL CONDO UNITDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20261$650,000--
20252$615,000$600,000$630,000
20233$630,000$460,000$860,000
20221$10--
20211$708,000--
20181$10--
20172$312,505$10$625,000
20152$665,000$495,000$835,000
20121$300,000--
20072$272,000$139,000$405,000
20061$492,500--
20052$386,500$373,000$400,000
20043$139,000$63,850$150,000
20031$250,000--
02

The building on the lot

Section through the lot

LOT 6,573 SQ FT9
Drawn from PLUTO: 9 storeys, 21,923 sq ft of building on 6,573 sq ft of lot, an average floor plate covering 37% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,573 sq ft
Building area
21,923 sq ft
Residential area
16,832 sq ft
Commercial area
5,091 sq ft
Office area
5,091 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.34
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$292,502
Assessed total value
$4,198,054
Exempt value
$710,036
Assessed per residential unit
$161,464

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
Chinatown-Two Bridges
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.711939, -73.994045

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 Chinatown-Two Bridges

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
225 CHERRY STREETRM1,0212015640$1.97m
265 CHERRY STREETD649019792-
185 PARK ROWD44201960262$718k
275 SOUTH STREETD625619784-
196 PARK ROWD42501965148$870k
82 RUTGERS SLIPD919819952-
2 ELIZABETH STREETR41671985111$685k
80 RUTGERS SLIPD910919871-
45 ALLEN STREETD310419730-
10 RUTGERS STREETD78320011-
148 MADISON STREETRM802002116$534k
59 HENRY STREETD68020210-

Every building on file in Chinatown-Two Bridges