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Manhattan / Hell's Kitchen / 10019

500 WEST 53 STREET

Recorded on the Digital Tax Map as 500 WEST 53RD STREET CONDOMINIUM.

Boro1
Block1081
Lot7502
BBL1010817502
Class RM
Residential units
344
Units in total
347
Storeys
25
Year built
2005
Last alteration on file
-
Recorded transfers
25 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
24 Oct 2023$2,260,0006CSINGLE RESIDENTIAL CONDO UNITDEED
12 Jul 2021$4,995,000PHSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2021$1,350,0007ASINGLE RESIDENTIAL CONDO UNITDEED
5 Feb 2019$3,500,0007BSINGLE RESIDENTIAL CONDO UNITDEED
8 May 2015$3,850,0006ASINGLE RESIDENTIAL CONDO UNITDEED
27 Feb 2013$328,712,655AAPARTMENT BUILDING2 lotsRPTT
27 Feb 2013$302,086,930AAPARTMENT BUILDING2 lotsRPTT
27 Feb 2013$302,086,930AAPARTMENT BUILDING2 lotsRPTT
27 Feb 2013$328,712,655AAPARTMENT BUILDING2 lotsRPTT
27 Feb 2013$328,712,655AAPARTMENT BUILDING6 lotsRPTT
19 Jul 2012$1,685,0006CSINGLE RESIDENTIAL CONDO UNITDEED
6 Jun 2012$222,776,480AAPARTMENT BUILDINGRPTT
6 Jun 2012$246,983,688AAPARTMENT BUILDINGRPTT
20 Jan 2012$246,983,688AAPARTMENT BUILDINGRPTT
20 Jan 2012$222,776,480AAPARTMENT BUILDINGRPTT
1 Dec 2010$156,938,206AAPARTMENT BUILDINGRPTT
1 Dec 2010$1,663,545AAPARTMENT BUILDINGRPTT
1 Dec 2010$156,938,206AAPARTMENT BUILDINGRPTT
1 Dec 2010$1,475,219AAPARTMENT BUILDINGRPTT
6 Nov 2008$1,883,7637BSINGLE RESIDENTIAL CONDO UNITDEED
30 Jun 2008$2,168,8737ASINGLE RESIDENTIAL CONDO UNITDEED
23 May 2008$3,614,788PHSINGLE RESIDENTIAL CONDO UNITDEED
21 Apr 2008$1,451,0066CSINGLE RESIDENTIAL CONDO UNITDEED
10 Apr 2008$2,189,2386ASINGLE RESIDENTIAL CONDO UNITDEED
9 Apr 2008$1,527,3756BSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20231$2,260,000--
20212$3,172,500$1,350,000$4,995,000
20191$3,500,000--
20151$3,850,000--
20135$328,712,655$302,086,930$328,712,655
20125$222,776,480$1,685,000$246,983,688
20104$79,300,876$1,475,219$156,938,206
20086$2,026,318$1,451,006$3,614,788
02

The building on the lot

Section through the lot

LOT 41,730 SQ FT25
Drawn from PLUTO: 25 storeys, 326,404 sq ft of building on 41,730 sq ft of lot, an average floor plate covering 31% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
41,730 sq ft
Building area
326,404 sq ft
Residential area
235,555 sq ft
Commercial area
90,849 sq ft
Office area
-
Retail area
10,000 sq ft
Buildings on the lot
1
Built floor area ratio
7.82
Residential FAR permitted
7.52
Zoning district
C6-3
03

Assessment

Assessed land value
$2,620,800
Assessed total value
$56,747,088
Exempt value
$21,615,318
Assessed per residential unit
$164,962

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
Hell's Kitchen
ZIP code
10019
Community district
Manhattan 4
Council district
3
Coordinates
40.766559, -73.991274

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 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