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Manhattan / West Village / 10014

55 1/2 DOWNING STREET

Boro1
Block528
Lot86
BBL1005280086
Class C6Greenwich Village Historic District Extension II
Residential units
20
Units in total
20
Storeys
5
Year built
1876
Last alteration on file
-
Recorded transfers
6 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
22 Apr 2024$550,0004SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jun 2022$425,00010SINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Apr 2022$865,0002SINGLE RESIDENTIAL COOP UNIT2 lotsRPTT&RET
15 Apr 2021$775,0001&2SINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Mar 2009$225,0004SINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jun 2005$80,0007SINGLE RESIDENTIAL COOP UNITRPTT&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

YearTransfersMedian recordedLowestHighest
20241$550,000--
20222$645,000$425,000$865,000
20211$775,000--
20091$225,000--
20051$80,000--
02

The building on the lot

Section through the lot

LOT 3,487 SQ FT5
Drawn from PLUTO: 5 storeys, 12,750 sq ft of building on 3,487 sq ft of lot, an average floor plate covering 73% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
3,487 sq ft
Building area
12,750 sq ft
Residential area
12,750 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.66
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$128,250
Assessed total value
$1,576,350
Exempt value
$1,303,310
Assessed per residential unit
$78,818

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
C6WALK-UP COOPERATIVE
Neighbourhood
West Village
ZIP code
10014
Community district
Manhattan 2
Council district
3
Coordinates
40.729269, -74.004496
05

Other buildings in West Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
154 CHRISTOPHER STREETD647918992-
101 WEST 12 STREETD44161961416$725k
151 BANK STREETRM38419260-
521 WEST STREETD531819300-
631 HUDSON STREETD42611964266$1.37m
2 HORATIO STREETRM2411931244$1.32m
175 WEST 12 STREETRM2141963197$1.11m
650 WASHINGTON STREETD42141964136$655k
330 BLEECKER STREETD620019311-
133 WEST 11 STREETRM1992013305$7.33m
371 WEST STREETC61841960308$1.08m
299 WEST 12 STREETRM1781931193$1.90m

Every building on file in West Village