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Manhattan / Lower East Side / 10002

98 SUFFOLK STREET

Boro1
Block348
Lot2
BBL1003480002
Class C6
Residential units
20
Units in total
20
Storeys
5
Year built
1920
Last alteration on file
-
Recorded transfers
17 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
15 Oct 2021$660,9793BSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Sep 2021$630,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Aug 2021$514,6542CSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Aug 2021$515,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Jul 2021$490,4092ESINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jun 2021$631,3154CSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Mar 2021$585,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Mar 2021$477,5001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2020$580,4034DSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Oct 2020$565,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jul 2017$438,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Aug 2015$407,5004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Apr 2008$385,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Mar 2007$330,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jun 2005$346,6744ASINGLE RESIDENTIAL COOP UNITRPTT
22 Jun 2005$335,8621BSINGLE RESIDENTIAL COOP UNITRPTT
26 Jan 2005$336,6102BSINGLE RESIDENTIAL COOP UNITRPTT&RET
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20218$550,000$477,500$660,979
20202$572,702$565,000$580,403
20171$438,000--
20151$407,500--
20081$385,000--
20071$330,000--
20053$336,610$335,862$346,674
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 2,530 SQ FT5
Drawn from PLUTO: 5 storeys, 9,519 sq ft of building on 2,530 sq ft of lot, an average floor plate covering 75% of it. The dashed outline is the difference between the floor area ratio already built (3.76) 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
2,530 sq ft
Building area
9,519 sq ft
Residential area
9,519 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.76
Residential FAR permitted
6.02
Zoning district
C6-2A
03

Assessment

Assessed land value
$171,000
Assessed total value
$967,050
Exempt value
$0
Assessed per residential unit
$48,353

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
C6WALK-UP COOPERATIVE
Neighbourhood
Lower East Side
ZIP code
10002
Community district
Manhattan 3
Council district
1
Coordinates
40.718396, -73.986118
05

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Every building on file in Lower East Side