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Manhattan / Murray Hill-Kips Bay / 10016

489 3 AVENUE

Boro1
Block914
Lot1
BBL1009140001
Class C7
Residential units
25
Units in total
31
Storeys
6
Year built
1926
Last alteration on file
1986
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 4,294 SQ FT6
Drawn from PLUTO: 6 storeys, 22,718 sq ft of building on 4,294 sq ft of lot, an average floor plate covering 88% of it. The dashed outline is the difference between the floor area ratio already built (5.29) 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
4,294 sq ft
Building area
22,718 sq ft
Residential area
16,093 sq ft
Commercial area
6,625 sq ft
Office area
-
Retail area
6,625 sq ft
Buildings on the lot
1
Built floor area ratio
5.29
Residential FAR permitted
10
Zoning district
C1-9
03

Assessment

Assessed land value
$289,800
Assessed total value
$4,467,600
Exempt value
$0
Assessed per residential unit
$178,704

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 6
Council district
4
Coordinates
40.745074, -73.978238
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay