Manhattan / Chelsea-Hudson Yards / 10036

502 WEST 42 STREET

Boro1

Block1070

Lot34

BBL1010700034

Class D6

Residential units

Units in total

Storeys

Year built

2011

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 37,899 sq ft of building on 8,662 sq ft of lot, an average floor plate covering 73% of it. The dashed outline is the difference between the floor area ratio already built (4.38) 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

8,662 sq ft

Building area

37,899 sq ft

Residential area

32,196 sq ft

Commercial area

5,703 sq ft

Office area

Retail area

5,703 sq ft

Buildings on the lot

Built floor area ratio

4.38

Residential FAR permitted

Zoning district

C6-4

Assessment

Assessed land value

$2,272,500

Assessed total value

$7,265,700

Exempt value

$6,175,845

Assessed per residential unit

$110,086

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.

Classification and location

Building class

D6ELEVATOR APT; FIREPROOF WITH STORES

Neighbourhood

Chelsea-Hudson Yards

ZIP code

10036

Community district

Manhattan 4

Council district

Coordinates

40.759596, -73.996101

Other buildings in Chelsea-Hudson Yards

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
345 8TH AVENUE	D4	1,134	1960	475	$131k
311 11TH AVENUE	D7	938	2020	0	-
415 WEST 23 STREET	D9	901	1934	5	$1.97m
371 9 AVENUE	RM	844	2015	0	-
311 WEST 24 STREET	D4	756	1963	350	$130k
539 WEST 28 STREET	D8	710	2013	0	-
551 10 AVENUE	RM	598	2013	1	-
476 11 AVENUE	D7	590	2020	0	-
320 WEST 38 STREET	D8	569	2007	0	-
305 9 AVENUE	D4	560	1963	138	$130k
505 WEST 35TH STREET	RM	532	2020	0	-
450 WEST 17 STREET	RM	469	2006	382	$1.75m

Every building on file in Chelsea-Hudson Yards