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Manhattan / Midtown-Times Square / 10019

841 7 AVENUE

Boro1
Block1007
Lot1
BBL1010070001
Class D7
Residential units
54
Units in total
59
Storeys
15
Year built
1923
Last alteration on file
1982
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
22 Aug 2023$40,000,000-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 7,541 SQ FT15
Drawn from PLUTO: 15 storeys, 85,309 sq ft of building on 7,541 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,541 sq ft
Building area
85,309 sq ft
Residential area
79,309 sq ft
Commercial area
6,000 sq ft
Office area
-
Retail area
6,000 sq ft
Buildings on the lot
1
Built floor area ratio
11.31
Residential FAR permitted
10
Zoning district
C6-6
03

Assessment

Assessed land value
$2,700,000
Assessed total value
$9,370,800
Exempt value
$0
Assessed per residential unit
$173,533

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
6
Coordinates
40.763624, -73.981012
05

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Every building on file in Midtown-Times Square