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Manhattan / 10001

50 WEST 34TH STREET

Recorded on the Digital Tax Map as THE HERALD TOWERS CONDOMINIUM.

Boro1
Block835
Lot7501
BBL1008357501
Class RM
Residential units
690
Units in total
691
Storeys
26
Year built
1912
Last alteration on file
-
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

LOT 36,025 SQ FT26
Drawn from PLUTO: 26 storeys, 841,835 sq ft of building on 36,025 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
36,025 sq ft
Building area
841,835 sq ft
Residential area
710,420 sq ft
Commercial area
131,415 sq ft
Office area
-
Retail area
131,415 sq ft
Buildings on the lot
1
Built floor area ratio
23.37
Residential FAR permitted
10
Zoning district
C5-3
03

Assessment

Assessed land value
$11,700,000
Assessed total value
$106,419,150
Exempt value
$0
Assessed per residential unit
$154,231

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
-
ZIP code
10001
Community district
Manhattan 5
Council district
4
Coordinates
40.749245, -73.987538

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 ZIP 10001

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
305 9 AVENUED45601963138$130k
241 WEST 28 STREETD648020211-
132 WEST 32 STREETRM45820051-
407 WEST 25 STREETD342519621-
553 WEST 30 STREETRM3922015312$5.04m
500 WEST 30 STREETRM39020130-
776 AVENUE OF THE AMERICASD838720001-

Every building on file in ZIP 10001