Manhattan / SoHo-Little Italy-Hudson Square / 10013
487 BROADWAY
Boro1
Block474
Lot29
BBL1004740029
Residential units
25
Units in total
28
Storeys
13
Year built
1896
Last alteration on file
1985
Recorded transfers
16 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 1 Mar 2022 | $2,825,000 | PHW | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 4 Nov 2021 | $5,298,000 | 7E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 May 2019 | $6,500,000 | 10W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Aug 2017 | $5,300,000 | 3E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Mar 2017 | $3,550,000 | 5W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 9 Feb 2016 | $3,950,000 | 3W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Nov 2015 | $3,950,000 | 6W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Mar 2014 | $5,500,000 | 10E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jan 2014 | $3,550,000 | 3E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Mar 2013 | $2,927,400 | 7E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Dec 2012 | $2,950,000 | PHW | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 31 Dec 2008 | $1,400,000 | 11W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Sep 2008 | $2,600,000 | 6W | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Jun 2006 | $1,600,000 | PHW | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Sep 2004 | $1,568,000 | 12E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Sep 2004 | $1,232,000 | PHE | SINGLE RESIDENTIAL COOP UNIT | RPTT&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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2022 | 1 | $2,825,000 | - | - |
| 2021 | 1 | $5,298,000 | - | - |
| 2019 | 1 | $6,500,000 | - | - |
| 2017 | 2 | $4,425,000 | $3,550,000 | $5,300,000 |
| 2016 | 1 | $3,950,000 | - | - |
| 2015 | 1 | $3,950,000 | - | - |
| 2014 | 2 | $4,525,000 | $3,550,000 | $5,500,000 |
| 2013 | 1 | $2,927,400 | - | - |
| 2012 | 1 | $2,950,000 | - | - |
| 2008 | 2 | $2,000,000 | $1,400,000 | $2,600,000 |
| 2006 | 1 | $1,600,000 | - | - |
| 2004 | 2 | $1,400,000 | $1,232,000 | $1,568,000 |
02
The building on the lot
Section through the lot
Lot area
5,600 sq ft
Building area
70,759 sq ft
Residential area
65,159 sq ft
Commercial area
5,600 sq ft
Office area
-
Retail area
5,600 sq ft
Buildings on the lot
1
Built floor area ratio
12.64
Residential FAR permitted
9
Zoning district
M1-5/R9X
03
Assessment
Assessed land value
$340,200
Assessed total value
$9,747,450
Exempt value
$8,820
Assessed per residential unit
$389,898
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
D0ELEVATOR CO-OP; CONVERSION FROM LOFT/WAREHOUSE
Neighbourhood
SoHo-Little Italy-Hudson Square
ZIP code
10013
Community district
Manhattan 2
Council district
1
Coordinates
40.721897, -74.000368
05
Other buildings in SoHo-Little Italy-Hudson Square
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 261 HUDSON STREET | RM | 201 | 2017 | 1 | - |
| 570 WASHINGTON STREET | D6 | 176 | 2024 | 0 | - |
| 2 CHARLTON STREET | D4 | 175 | 1966 | 161 | $1.22m |
| 110 CHARLTON STREET | RM | 170 | 2018 | 183 | $2.64m |
| 65 EAST HOUSTON STREET | D7 | 162 | 1991 | 0 | - |
| 77 CHARLTON STREET | RM | 162 | 2020 | 176 | $2.00m |
| 21 SPRING STREET | D7 | 152 | 1982 | 4 | - |
| 80 CLARKSON STREET | D7 | 131 | 2024 | 0 | - |
| 70 CHARLTON STREET | D9 | 122 | 2014 | 114 | $2.46m |
| 565 BROOME STREET | RM | 111 | 2016 | 130 | $5.00m |
| 505 GREENWICH STREET | RM | 102 | 2003 | 262 | $2.36m |
| 111 VARICK STREET | D8 | 101 | 2018 | 0 | - |