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Manhattan / East Village / 10009

500 EAST 14 STREET

Recorded on the Digital Tax Map as EAST VILLAGE AB CONDOMINIUM.

Boro1
Block407
Lot7503
BBL1004077503
Class RM
Residential units
106
Units in total
108
Storeys
7
Year built
2017
Last alteration on file
-
Recorded transfers
1 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
22 Aug 2018$2,102,5005RSINGLE RESIDENTIAL COOP UNITRPTT&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.
02

The building on the lot

Section through the lot

LOT 30,781 SQ FT7
Drawn from PLUTO: 7 storeys, 178,547 sq ft of building on 30,781 sq ft of lot, an average floor plate covering 83% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
30,781 sq ft
Building area
178,547 sq ft
Residential area
136,235 sq ft
Commercial area
42,312 sq ft
Office area
-
Retail area
42,312 sq ft
Buildings on the lot
1
Built floor area ratio
5.8
Residential FAR permitted
4
Zoning district
C1-6A
03

Assessment

Assessed land value
$3,004,651
Assessed total value
$25,818,970
Exempt value
$21,092,322
Assessed per residential unit
$243,575

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
East Village
ZIP code
10009
Community district
Manhattan 3
Council district
2
Coordinates
40.729844, -73.979853

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 East Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
66 1 AVENUED487719621-
604 EAST 14TH STREETD661619800-
162 AVENUE CD443919503-
188 AVENUE CD937119660-
30 3 AVENUED42601965274$1.30m
137 4 AVENUED620919640-
285 BOWERYD920620051-
60 1 AVENUED420319640-
223 AVENUE CD619720171-
205 AVENUE CD317619791-
190 EAST 7 STREETD117419980-
111 4 AVENUED41721921184$1.06m

Every building on file in East Village