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Manhattan / East Village / 10009

508 EAST 12 STREET

Boro1
Block405
Lot12
BBL1004050012
Class C7
Residential units
28
Units in total
30
Storeys
6
Year built
1930
Last alteration on file
1987
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.

RecordedConsiderationUnitWhat transferredInstrument
18 Sep 2013$21,300,000-APARTMENT BUILDINGDEED
18 Jan 2006$5,700,530-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20131$21,300,000--
20061$5,700,530--
02

The building on the lot

Section through the lot

LOT 3,872 SQ FT6
Drawn from PLUTO: 6 storeys, 15,428 sq ft of building on 3,872 sq ft of lot, an average floor plate covering 66% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,872 sq ft
Building area
15,428 sq ft
Residential area
12,928 sq ft
Commercial area
2,500 sq ft
Office area
-
Retail area
2,500 sq ft
Buildings on the lot
1
Built floor area ratio
3.98
Residential FAR permitted
4
Zoning district
R8B
03

Assessment

Assessed land value
$382,050
Assessed total value
$2,097,450
Exempt value
$0
Assessed per residential unit
$74,909

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
East Village
ZIP code
10009
Community district
Manhattan 3
Council district
2
Coordinates
40.728639, -73.980859
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