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Manhattan / Harlem (South) / 10027

62 WEST 124 STREET

Boro1
Block1721
Lot63
BBL1017210063
Class D1
Residential units
41
Units in total
41
Storeys
6
Year built
1900
Last alteration on file
1987
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.

RecordedConsiderationUnitWhat transferredInstrument
27 Feb 2007$10,260,617-APARTMENT BUILDINGRPTT&RET
21 Jun 2005$1-APARTMENT BUILDINGDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20071$10,260,617--
20051$1--
02

The building on the lot

Section through the lot

LOT 7,569 SQ FT6
Drawn from PLUTO: 6 storeys, 34,124 sq ft of building on 7,569 sq ft of lot, an average floor plate covering 75% 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
7,569 sq ft
Building area
34,124 sq ft
Residential area
34,124 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
4.51
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$119,250
Assessed total value
$710,100
Exempt value
$710,100
Assessed per residential unit
$17,320

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Harlem (South)
ZIP code
10027
Community district
Manhattan 10
Council district
9
Coordinates
40.806556, -73.945289
05

Other buildings in Harlem (South)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
301 CATHEDRAL PARKWAYR4256-0-
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130 LENOX AVENUERM2402000129$458k
233 WEST 125 STREETRM19120172-
2070 ADAM C POWELL BLVDD418719100-
300 WEST 122 STREETRM1702019171$911k
212 WEST 124TH STREETRR16920210-
224 WEST 124 STREETD316820212-
89 LENOX AVENUED116119811-
208 WEST 119 STREETD4158190075$377k
56 WEST 125 STREETRM14120190-
2170 8 AVENUED613820030-

Every building on file in Harlem (South)