Manhattan / Chelsea-Hudson Yards / 10018
551 10 AVENUE
Recorded on the Digital Tax Map as 555 TENTH AVENUE LEASEHOLD CONDOMINIUM.
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 |
|---|---|---|---|---|
| 28 Sep 2023 | $105,171,185 | RES 1 | BULK SALE OF CONDOMINIUMS2 lots | RPTT |
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
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
The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.
Other buildings in Chelsea-Hudson Yards
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 345 8TH AVENUE | D4 | 1,134 | 1960 | 475 | $131k |
| 311 11TH AVENUE | D7 | 938 | 2020 | 0 | - |
| 415 WEST 23 STREET | D9 | 901 | 1934 | 5 | $1.97m |
| 371 9 AVENUE | RM | 844 | 2015 | 0 | - |
| 311 WEST 24 STREET | D4 | 756 | 1963 | 350 | $130k |
| 539 WEST 28 STREET | D8 | 710 | 2013 | 0 | - |
| 476 11 AVENUE | D7 | 590 | 2020 | 0 | - |
| 320 WEST 38 STREET | D8 | 569 | 2007 | 0 | - |
| 305 9 AVENUE | D4 | 560 | 1963 | 138 | $130k |
| 505 WEST 35TH STREET | RM | 532 | 2020 | 0 | - |
| 450 WEST 17 STREET | RM | 469 | 2006 | 382 | $1.75m |
| 407 WEST 25 STREET | D3 | 425 | 1962 | 1 | - |