$1,670,000 Sold Jun 2026
$1,963,000 Assessed value
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| Building size | 2,128 sq ft |
|---|---|
| Building dimensions | 20 × 50 ft |
| Stories | 2 |
| Sq ft per floor | 1,064 sq ft |
| Year built | 1901 |
| Lot dimensions | 20 × 100 ft |
|---|---|
| Lot area | 2,000 sq ft |
| Units | 2 |
|---|---|
| Zoning | R6 |
| Building class | B1 |
| Block / lot | Block 5036 / Lot 68 |
| Built FAR | 1.06 |
|---|---|
| Max residential FAR | 2.43 |
| Max facility FAR | 4.80 |
| Last recorded sale | $1,670,000 (Jun 2026) |
|---|---|
| Assessed value | $1,963,000 |
| Tax class | 1 |
| Annual property tax | $7,988 |
| Rent regulated | Unlikely |
251 Rutland Road was built in 1901 — roughly 125 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 $7,988 per year ($666/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $1,670,000 in Jun 2026.
The building uses about 22% of the density its zoning allows (1.06 built FAR vs. a maximum of 4.80) — roughly 7,480 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.