1623 3 Avenue, Manhattan, NY 10128

Calculate mortgage for this property →

Building

Building size846,334 sq ft

Lot

Lot area73,805 sq ft
FEMA flood zoneX — minimal risk

Details

Units785
ZoningC2-8
Building classR0
OwnershipCondominium
Block / lotBlock 1537 / Lot 7501

Floor Area Ratio (FAR)

Built FAR11.47
Max residential FAR10.00
Max commercial FAR2.00
Max facility FAR10.00

Taxes

Tax class2
Rent regulatedUnknown

Terms on this page, explained →

About this property

This is a condominium of 785 units — each unit is its own tax lot with its own bill. Search with a unit number for unit-level figures. For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value.

The building already exceeds what current residential zoning would allow (11.47 built FAR vs. a residential maximum of 10.00) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. Those figures are for residential use — the lot also carries a commercial allowance of 2.00 FAR.

Recent sales in Manhattan

All recent NYC sales · Manhattan property taxes · Property tax calculator · 421-a abatement check

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.