2162 Broadway, Manhattan, NY 10024

$1,030,000 Sold Jul 2026 · Unit 4E

$49,222,000 Assessed value

Calculate mortgage for this property →

Building

Building size195,491 sq ft
Building dimensions79 × 134 ft
Stories23
Basement / garden levelYes — below ground
Sq ft per floor8,500 sq ft
Year built1930

Lot

Lot dimensions79.08 × 134.17 ft
Lot area10,175 sq ft
FEMA flood zoneX — minimal risk

Details

Units121
ZoningC46A
Building classD4
OwnershipCo-op building
Block / lotBlock 1168 / Lot 22

Floor Area Ratio (FAR)

Built FAR19.21
Max residential FAR10.00
Max commercial FAR3.40
Max facility FAR10.00

Taxes

Last recorded sale$1,030,000 (Jul 2026)
Assessed value$49,222,000
Tax class2
Annual property tax$2,755,226
Exemptions / abatementsTHE OPERA OWNERS INC
Rent regulatedCo-op

Terms on this page, explained →

About this property

2162 Broadway was built in 1930 — roughly 96 years old. This is a co-op building with 113 apartments — residents own shares in the corporation that owns the building, rather than their apartments outright. Apartments average about 1,730 sq ft (building area divided by apartment count — individual units vary). 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 corporation pays one building-wide tax bill — about $2,755,226 per year — passed to residents through monthly maintenance in proportion to each apartment’s share allocation. A straight average works out to roughly $24,383 per apartment per year, though larger apartments carry more shares (and many primary residents get the co-op/condo abatement on top). The most recent recorded sale in the building was unit 4E, for $1,030,000 in Jul 2026.

The building already exceeds what current residential zoning would allow (19.21 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 3.40 FAR. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.

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.