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Manhattan / Murray Hill-Kips Bay / 10017

747 2 AVENUE

Boro1
Block1314
Lot21
BBL1013140021
Class D6
Residential units
269
Units in total
272
Storeys
34
Year built
1972
Last alteration on file
-
Recorded transfers
14 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 2013$179,431,401-APARTMENT BUILDINGRPTT
27 Feb 2013$179,431,401-APARTMENT BUILDINGRPTT
6 Jun 2012$222,776,480-APARTMENT BUILDINGRPTT
6 Jun 2012$246,983,688-APARTMENT BUILDINGRPTT
20 Jan 2012$246,983,688-APARTMENT BUILDINGRPTT
20 Jan 2012$222,776,480-APARTMENT BUILDINGRPTT
1 Dec 2010$2,302,550-APARTMENT BUILDINGRPTT
1 Dec 2010$2,043,683-APARTMENT BUILDINGRPTT
1 Dec 2010$138,773,720-APARTMENT BUILDINGRPTT
1 Dec 2010$136,245,546-APARTMENT BUILDINGRPTT
1 Dec 2010$136,245,546-APARTMENT BUILDINGRPTT
1 Dec 2010$136,245,546-APARTMENT BUILDINGRPTT
5 Oct 2007$1,633,146,334-APARTMENT BUILDINGRPTT&RET
5 Apr 2006$165,000,000-APARTMENT BUILDINGDEEDO
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20132$179,431,401$179,431,401$179,431,401
20124$234,880,084$222,776,480$246,983,688
20106$136,245,546$2,043,683$138,773,720
20071$1,633,146,334--
20061$165,000,000--
02

The building on the lot

Section through the lot

LOT 22,178 SQ FT34
Drawn from PLUTO: 34 storeys, 387,761 sq ft of building on 22,178 sq ft of lot, an average floor plate covering 51% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,178 sq ft
Building area
387,761 sq ft
Residential area
334,546 sq ft
Commercial area
53,215 sq ft
Office area
6,000 sq ft
Retail area
1,215 sq ft
Buildings on the lot
1
Built floor area ratio
17.48
Residential FAR permitted
10
Zoning district
C1-9
03

Assessment

Assessed land value
$7,020,000
Assessed total value
$56,749,950
Exempt value
$0
Assessed per residential unit
$210,966

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
Murray Hill-Kips Bay
ZIP code
10017
Community district
Manhattan 6
Council district
4
Coordinates
40.748957, -73.973343
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay