Residential units
652
Units in total
656
Storeys
15
Year built
1920
Last alteration on file
1986
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 30 Oct 2009 | $28,880,000 | - | APARTMENT BUILDING | RPTT |
- 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 area
17,575 sq ft
Building area
211,466 sq ft
Residential area
207,726 sq ft
Commercial area
3,740 sq ft
Office area
1,500 sq ft
Retail area
2,240 sq ft
Buildings on the lot
1
Built floor area ratio
12.03
Residential FAR permitted
10
Zoning district
C6-5
03
Assessment
Assessed land value
$4,410,000
Assessed total value
$20,317,050
Exempt value
$19,707,539
Assessed per residential unit
$31,161
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
D5ELEVATOR APT; CONVERTED
Neighbourhood
Midtown-Times Square
ZIP code
10036
Community district
Manhattan 5
Council district
3
Coordinates
40.757877, -73.98868
05
Other buildings in Midtown-Times Square
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 250 WEST 50 STREET | D6 | 550 | 1998 | 11 | - |
| 235 WEST 56 STREET | RM | 482 | 1987 | 0 | - |
| 235 WEST 48 STREET | D8 | 477 | 1989 | 2 | - |
| 770 8 AVENUE | D6 | 464 | 2001 | 0 | - |
| 76179 7 AVENUE | RM | 445 | 1927 | 453 | $650k |
| 242 WEST 53 STREET | D8 | 426 | 2015 | 0 | - |
| 1752 BROADWAY | D6 | 396 | 1979 | 15 | - |
| 890 8 AVENUE | RM | 394 | 2003 | 0 | - |
| 870 8 AVENUE | D6 | 381 | 1965 | 0 | - |
| 980 AVENUE OF THE AMERICAS | D6 | 380 | 1986 | 0 | - |
| 66 WEST 38 STREET | RM | 374 | 2001 | 0 | - |
| 150 WEST 56 STREET | RM | 337 | 1987 | 378 | $1.41m |