Manhattan / Chelsea-Hudson Yards / 10011
555 AVENUE OF THE AMERICAS
Boro1
Block791
Lot36
BBL1007910036
Residential units
163
Units in total
170
Storeys
6
Year built
1974
Last alteration on file
2013
Recorded transfers
2 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 24 Jun 2024 | $790,000 | 92 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Apr 2022 | $787,500 | 407 | SINGLE RESIDENTIAL COOP UNIT | RPTT&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
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2024 | 1 | $790,000 | - | - |
| 2022 | 1 | $787,500 | - | - |
02
The building on the lot
Section through the lot
Lot area
30,975 sq ft
Building area
195,442 sq ft
Residential area
117,357 sq ft
Commercial area
78,085 sq ft
Office area
27,585 sq ft
Retail area
19,000 sq ft
Buildings on the lot
1
Built floor area ratio
6.31
Residential FAR permitted
6.02
Zoning district
C6-2A
03
Assessment
Assessed land value
$7,200,000
Assessed total value
$30,199,050
Exempt value
$0
Assessed per residential unit
$185,270
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
Chelsea-Hudson Yards
ZIP code
10011
Community district
Manhattan 4
Council district
3
Coordinates
40.738533, -73.9965
05
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 | - |
| 551 10 AVENUE | RM | 598 | 2013 | 1 | - |
| 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 |