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Manhattan / 10002

668 WATER STREET

Boro1
Block260
Lot75
BBL1002600075
Class D3
Residential units
474
Units in total
474
Storeys
6
Year built
1940
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 200,980 SQ FT6
Drawn from PLUTO: 6 storeys, 382,500 sq ft of building on 200,980 sq ft of lot, an average floor plate covering 32% of it. PLUTO records 8 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.9) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
200,980 sq ft
Building area
382,500 sq ft
Residential area
-
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
8
Built floor area ratio
1.9
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$4,590,000
Assessed total value
$26,330,850
Exempt value
$26,330,850
Assessed per residential unit
$55,550

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.71247, -73.981387
05

Other buildings in ZIP 10002

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
288 DELANCEY STREETD32,39119620-
87 DELANCEY STREETD41,09919660-
225 CHERRY STREETRM1,0212015640$1.97m
409 GRAND STREETD48801960621$860k
357 GRAND STREETD48661960608$890k
570 GRAND STREETD48391955563$740k
453 FDR DRIVED48331955552$728k
636 WATER STREETD981319400-
45 PIKE STREETD672119631-
60 PITT STREETD671119620-
300 CHERRY STREETD661019540-
530 GRAND STREETD45251949398$690k

Every building on file in ZIP 10002