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Queens / Jamaica / 11432

90-14 161 STREET

Recorded on the Digital Tax Map as NORMAN TOWERS CONDOMINIUM.

Boro4
Block9757
Lot7501
BBL4097577501
Class RM
Residential units
101
Units in total
102
Storeys
9
Year built
2014
Last alteration on file
-
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
28 May 2015$11APARTMENT 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

PERMITTED, NOT BUILTLOT 18,300 SQ FT9
Drawn from PLUTO: 9 storeys, 99,311 sq ft of building on 18,300 sq ft of lot, an average floor plate covering 60% of it. The dashed outline is the difference between the floor area ratio already built (5.43) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
18,300 sq ft
Building area
99,311 sq ft
Residential area
95,465 sq ft
Commercial area
3,846 sq ft
Office area
3,846 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.43
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$494,100
Assessed total value
$5,628,150
Exempt value
$4,889,827
Assessed per residential unit
$55,724

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
RM
Neighbourhood
Jamaica
ZIP code
11432
Community district
Queens 12
Council district
27
Coordinates
40.70496, -73.799524

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Jamaica

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
166-20 90 AVENUED761420220-
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147-25 94TH AVENUERM54320210-
147- 40 ARCHER AVENUERM53920170-
94-15 SUTPHIN VOULEVARDD652420240-
147-35 95 AVENUED352120230-
147-36 94 AVENUERR37920170-
89-14 PARSONS BOULEVARDRM34620061-
92-27 160 STREETD731520200-
89-12 162 STREETD622720250-
153-10 88TH AVED722320220-
92-33 170 STREETD421619720-

Every building on file in Jamaica