Manhattan / Morningside Heights / 10025
503 WEST 111 STREET
Boro1
Block1883
Lot26
BBL1018830026
Residential units
30
Units in total
30
Storeys
6
Year built
1905
Last alteration on file
1997
Recorded transfers
2 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 21 May 2013 | $250,000 | 2 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Aug 2011 | $287,500 | 32 | SINGLE RESIDENTIAL COOP UNIT | RPTT&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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2013 | 1 | $250,000 | - | - |
| 2011 | 1 | $287,500 | - | - |
02
The building on the lot
Section through the lot
Lot area
6,913 sq ft
Building area
18,960 sq ft
Residential area
18,960 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.74
Residential FAR permitted
6.02
Zoning district
R8
03
Assessment
Assessed land value
$135,000
Assessed total value
$1,544,400
Exempt value
$1,121,610
Assessed per residential unit
$51,480
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
D4ELEVATOR COOPERATIVE
Neighbourhood
Morningside Heights
ZIP code
10025
Community district
Manhattan 9
Council district
7
Coordinates
40.804025, -73.963774
05
Other buildings in Morningside Heights
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 80 LA SALLE STREET | D4 | 982 | 1956 | 753 | $610k |
| 40 MORNINGSIDE DRIVE | D1 | 430 | 2014 | 1 | - |
| 1 MORNINGSIDE DRIVE | D9 | 295 | 2008 | 1 | - |
| 88 MORNINGSIDE DRIVE | D9 | 285 | 1925 | 1 | - |
| 2891 BROADWAY | D7 | 250 | 1911 | 0 | - |
| 517 WEST 121 STREET | D3 | 241 | 2004 | 0 | - |
| 30 MORNINGSIDE DRIVE | D3 | 206 | 1954 | 0 | - |
| 100 CLAREMONT AVE | RM | 194 | 1926 | 137 | $1.86m |
| 543 WEST 122ND STREET | R4 | 183 | 2018 | 178 | $1.88m |
| 564 RIVERSIDE DRIVE | D3 | 182 | 1964 | 0 | - |
| 425 RIVERSIDE DRIVE | D3 | 178 | 1924 | 0 | - |
| 167 CLAREMONT AVENUE | D3 | 159 | 1961 | 0 | - |