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Manhattan / Hell's Kitchen / 10036

605 WEST 42 STREET

Recorded on the Digital Tax Map as 605 WEST 42ND STREET CONDOMINIUM.

Boro1
Block1090
Lot7502
BBL1010907502
Class RM
Residential units
1,166
Units in total
1,176
Storeys
60
Year built
2008
Last alteration on file
-
Recorded transfers
1 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
28 Sep 2023$105,171,185RU-1BULK SALE OF CONDOMINIUMS2 lotsRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 70,294 SQ FT60
Drawn from PLUTO: 60 storeys, 888,123 sq ft of building on 70,294 sq ft of lot, an average floor plate covering 21% of it. Bands are drawn to a maximum of 48. It is a diagram of recorded figures, not a picture of the building.
Lot area
70,294 sq ft
Building area
888,123 sq ft
Residential area
745,819 sq ft
Commercial area
142,304 sq ft
Office area
-
Retail area
17,627 sq ft
Buildings on the lot
1
Built floor area ratio
12.63
Residential FAR permitted
10
Zoning district
C6-4
03

Assessment

Assessed land value
$31,632,300
Assessed total value
$170,100,257
Exempt value
$166,060,656
Assessed per residential unit
$145,884

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
RM
Neighbourhood
Hell's Kitchen
ZIP code
10036
Community district
Manhattan 4
Council district
3
Coordinates
40.761531, -73.99878

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.

05

Other buildings in Hell's Kitchen

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
827 11 AVENUED71,02820150-
560 10 AVENUERM814200861$2.24m
625 WEST 57 STREETRM70920130-
550 WEST 45 STREETRM69920110-
350 WEST 50 STREETRM65419891,184$760k
601 WEST 57 STREETD659720030-
322 WEST 57 STREETRM5831978879$1.40m
340 WEST 57 STREETRM5761904646$930k
350 WEST 42 STREETRM55120041,251$1.15m
475 WEST 40TH STREETRM45320230-
555 WEST 42 STREETD841819871-
635 WEST 42 STREETRM4002005946$914k

Every building on file in Hell's Kitchen