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Manhattan / Hell's Kitchen / 10019

498 WEST 55 STREET

Boro1
Block1083
Lot35
BBL1010830035
Class C6
Residential units
44
Units in total
47
Storeys
5
Year built
1920
Last alteration on file
1995
Recorded transfers
26 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
13 Nov 2025$280,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jun 2025$455,0002WSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jul 2024$475,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Nov 2022$340,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Dec 2021$390,0001WSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Nov 2021$487,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Dec 2020$480,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jun 2020$425,0005SSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jul 2019$405,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Mar 2018$425,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Oct 2017$430,0002SSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Mar 2017$360,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Mar 2015$350,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Sep 2014$350,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jun 2014$365,0005NSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jul 2013$350,0005NSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2013$270,0001WSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Mar 2012$260,0002WSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Feb 2012$155,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Nov 2011$225,0002NSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Nov 2011$150,0003-SSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jul 2011$130,0004SSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2011$130,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jun 2009$125,0005WSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Mar 2008$125,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jul 2004$25,0005SSINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20252$367,500$280,000$455,000
20241$475,000--
20221$340,000--
20212$438,500$390,000$487,000
20202$452,500$425,000$480,000
20191$405,000--
20181$425,000--
20172$395,000$360,000$430,000
20151$350,000--
20142$357,500$350,000$365,000
20132$310,000$270,000$350,000
20122$207,500$155,000$260,000
20114$140,000$130,000$225,000
20091$125,000--
20081$125,000--
20041$25,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 10,062 SQ FT5
Drawn from PLUTO: 5 storeys, 35,625 sq ft of building on 10,062 sq ft of lot, an average floor plate covering 71% of it. PLUTO records 5 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 (3.54) and the residential floor area ratio of the zoning district (7.52). It is a diagram of recorded figures, not a picture of the building.
Lot area
10,062 sq ft
Building area
35,625 sq ft
Residential area
33,125 sq ft
Commercial area
2,500 sq ft
Office area
-
Retail area
2,500 sq ft
Buildings on the lot
5
Built floor area ratio
3.54
Residential FAR permitted
7.52
Zoning district
C2-7
03

Assessment

Assessed land value
$810,000
Assessed total value
$3,422,700
Exempt value
$3,422,700
Assessed per residential unit
$77,789

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
C6WALK-UP COOPERATIVE
Neighbourhood
Hell's Kitchen
ZIP code
10019
Community district
Manhattan 4
Council district
6
Coordinates
40.767838, -73.990047
05

Other buildings in Hell's Kitchen

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
605 WEST 42 STREETRM1,16620081-
827 11 AVENUED71,02820150-
560 10 AVENUERM814200861$2.24m
625 WEST 57 STREETRM70920130-
550 WEST 45 STREETRM69920110-
350 WEST 50 STREETRM65419891,184$760k
601 WEST 57 STREETD659720030-
322 WEST 57 STREETRM5831978879$1.40m
340 WEST 57 STREETRM5761904646$930k
350 WEST 42 STREETRM55120041,251$1.15m
475 WEST 40TH STREETRM45320230-
555 WEST 42 STREETD841819871-

Every building on file in Hell's Kitchen