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Manhattan / Midtown-Times Square / 10019

51 WEST 55 STREET

Boro1
Block1271
Lot12
BBL1012710012
Class D6
Residential units
36
Units in total
37
Storeys
9
Year built
1916
Last alteration on file
-
Recorded transfers
None
01

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.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 5,021 SQ FT9
Drawn from PLUTO: 9 storeys, 38,704 sq ft of building on 5,021 sq ft of lot, an average floor plate covering 86% of it. The dashed outline is the difference between the floor area ratio already built (7.71) 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
5,021 sq ft
Building area
38,704 sq ft
Residential area
35,004 sq ft
Commercial area
3,700 sq ft
Office area
-
Retail area
2,700 sq ft
Buildings on the lot
1
Built floor area ratio
7.71
Residential FAR permitted
10
Zoning district
C5-P
03

Assessment

Assessed land value
$936,000
Assessed total value
$4,114,350
Exempt value
$0
Assessed per residential unit
$114,288

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
4
Coordinates
40.762747, -73.976915
05

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Every building on file in Midtown-Times Square