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Manhattan / Chelsea-Hudson Yards / 10011

72 7 AVENUE

Boro1
Block764
Lot42
BBL1007640042
Class D6
Residential units
110
Units in total
113
Storeys
20
Year built
1931
Last alteration on file
1987
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
6 Mar 2014$78,500,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 6,600 SQ FT20
Drawn from PLUTO: 20 storeys, 109,669 sq ft of building on 6,600 sq ft of lot, an average floor plate covering 83% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,600 sq ft
Building area
109,669 sq ft
Residential area
104,069 sq ft
Commercial area
5,600 sq ft
Office area
900 sq ft
Retail area
4,700 sq ft
Buildings on the lot
1
Built floor area ratio
16.62
Residential FAR permitted
7.52
Zoning district
C6-3A
03

Assessment

Assessed land value
$900,000
Assessed total value
$9,292,050
Exempt value
$0
Assessed per residential unit
$84,473

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Chelsea-Hudson Yards
ZIP code
10011
Community district
Manhattan 4
Council district
3
Coordinates
40.739224, -73.999599
05

Other buildings in Chelsea-Hudson Yards

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
415 WEST 23 STREETD990119345$1.97m
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
551 10 AVENUERM59820131-
476 11 AVENUED759020200-
320 WEST 38 STREETD856920070-
305 9 AVENUED45601963138$130k
505 WEST 35TH STREETRM53220200-
450 WEST 17 STREETRM4692006382$1.75m

Every building on file in Chelsea-Hudson Yards