Manhattan / Washington Heights (South) / 10032
524 WEST 159 STREET
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 |
|---|---|---|---|---|
| 1 Aug 2014 | $3,050,000 | - | APARTMENT BUILDING | DEED |
| 9 Jun 2011 | $493,766 | - | APARTMENT BUILDING | RPTT&RET |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- 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 |
|---|---|---|---|---|
| 2014 | 1 | $3,050,000 | - | - |
| 2011 | 1 | $493,766 | - | - |
The building on the lot
Section through the lot
Assessment
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
Other buildings in Washington Heights (South)
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 111 WADSWORTH AVENUE | D7 | 480 | 1962 | 0 | - |
| 1360 ST NICHOLAS AVENUE | D7 | 480 | 1964 | 0 | - |
| 156-20 RIVERSIDE DRIVE WEST | D4 | 434 | 1963 | 2 | - |
| 158-18 RIVERSIDE DRIVE WEST | D4 | 244 | 1941 | 128 | $755k |
| 99 FT WASHINGTON AVENUE | D1 | 222 | 1949 | 0 | - |
| 790 RIVERSIDE DRIVE | D4 | 202 | 1911 | 236 | $778k |
| 1930 AMSTERDAM AVENUE | D3 | 182 | 1900 | 5 | - |
| 1970 AMSTERDAM AVENUE | D3 | 180 | 1985 | 0 | - |
| 1941 AMSTERDAM AVENUE | D3 | 170 | 1966 | 0 | - |
| 3926 BROADWAY | D7 | 146 | 1910 | 1 | - |
| 775 RIVERSIDE DRIVE | R4 | 133 | 1920 | 66 | $554k |
| 555 EDGECOMBE AVENUE | D1 | 127 | 1916 | 1 | - |