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Manhattan / Hell's Kitchen / 10019

625 WEST 57 STREET

Recorded on the Digital Tax Map as 62557 LEASEHOLD CONDOMINIUM.

Boro1
Block1105
Lot7501
BBL1011057501
Class RM
Residential units
709
Units in total
712
Storeys
43
Year built
2013
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 110,457 SQ FT43
Drawn from PLUTO: 43 storeys, 632,629 sq ft of building on 110,457 sq ft of lot, an average floor plate covering 13% of it. The dashed outline is the difference between the floor area ratio already built (5.73) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
110,457 sq ft
Building area
632,629 sq ft
Residential area
538,309 sq ft
Commercial area
94,320 sq ft
Office area
-
Retail area
44,202 sq ft
Buildings on the lot
1
Built floor area ratio
5.73
Residential FAR permitted
10
Zoning district
C4-7
03

Assessment

Assessed land value
$49,705,650
Assessed total value
$184,821,750
Exempt value
$172,554,429
Assessed per residential unit
$260,679

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
10019
Community district
Manhattan 4
Council district
6
Coordinates
40.771431, -73.992967

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
605 WEST 42 STREETRM1,16620081-
827 11 AVENUED71,02820150-
560 10 AVENUERM814200861$2.24m
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