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Manhattan / Washington Heights (South) / 10032

516 WEST 159 STREET

Boro1
Block2117
Lot28
BBL1021170028
Class C1
Residential units
21
Units in total
21
Storeys
5
Year built
1913
Last alteration on file
1988
Recorded transfers
4 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
12 Jun 2015$3,300,000-APARTMENT BUILDINGDEED
12 Jun 2015$330,000-APARTMENT BUILDINGDEED
27 Sep 2012$2,200,000-APARTMENT BUILDINGDEED
31 Mar 2003$1,200,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20152$1,815,000$330,000$3,300,000
20121$2,200,000--
20031$1,200,000--
02

The building on the lot

Section through the lot

LOT 4,163 SQ FT5
Drawn from PLUTO: 5 storeys, 14,790 sq ft of building on 4,163 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,163 sq ft
Building area
14,790 sq ft
Residential area
14,790 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.55
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$85,500
Assessed total value
$846,900
Exempt value
$300,560
Assessed per residential unit
$40,329

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Washington Heights (South)
ZIP code
10032
Community district
Manhattan 12
Council district
10
Coordinates
40.83426, -73.942061
05

Other buildings in Washington Heights (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
111 WADSWORTH AVENUED748019620-
1360 ST NICHOLAS AVENUED748019640-
156-20 RIVERSIDE DRIVE WESTD443419632-
158-18 RIVERSIDE DRIVE WESTD42441941128$755k
99 FT WASHINGTON AVENUED122219490-
790 RIVERSIDE DRIVED42021911236$778k
1930 AMSTERDAM AVENUED318219005-
1970 AMSTERDAM AVENUED318019850-
1941 AMSTERDAM AVENUED317019660-
3926 BROADWAYD714619101-
775 RIVERSIDE DRIVER4133192066$554k
555 EDGECOMBE AVENUED112719161-

Every building on file in Washington Heights (South)