$2,200,000 Sold Jun 2026
$1,863,000 Assessed value
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| Building size | 2,132 sq ft |
|---|---|
| Building dimensions | 17.5 × 38 ft |
| Stories | 3 |
| Sq ft per floor | 711 sq ft |
| Year built | 1917 |
| Lot dimensions | 17.5 × 90 ft |
|---|---|
| Lot area | 1,575 sq ft |
| Units | 1 |
|---|---|
| Zoning | R5B |
| Building class | A5 |
| Block / lot | Block 5102 / Lot 119 |
| Built FAR | 1.35 |
|---|---|
| Max residential FAR | 1.50 |
| Max facility FAR | 2.00 |
| Last recorded sale | $2,200,000 (Jun 2026) |
|---|---|
| Assessed value | $1,863,000 |
| Tax class | 1 |
| Annual property tax | $7,855 |
| Rent regulated | Unlikely |
2119 Albemarle Terrace was built in 1917 — roughly 109 years old. For property-tax purposes it falls under Class 1 (one- to three-family homes), the class with the highest nominal rate (19.8433%) but assessments capped at 6% of market value with strict yearly growth limits. At the current assessment that works out to about $7,855 per year ($655/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $2,200,000 in Jun 2026.
City landmark records describe it as a neo-Federal attached house dating to 1916 - 1917, originally used as residential. It was designed by Slee & Bryson for Mabel Bull. It stands within the Albemarle-Kenmore Terraces Historic District.
The building uses about 68% of the density its zoning allows (1.35 built FAR vs. a maximum of 2.00) — roughly 1,024 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value.
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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.