259 East 7 Street, Manhattan, NY 10009

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Building

Building size24,654 sq ft
Building dimensions49.5 × 82 ft
Stories8
Sq ft per floor3,082 sq ft
Year built2006

Lot

Lot dimensions60 × 98 ft
Lot area5,830 sq ft
FEMA flood zoneX — moderate (0.2%/yr chance)

Details

Units9
ZoningR8B
Building classR0
OwnershipCondominium
Block / lotBlock 377 / Lot 7502

Floor Area Ratio (FAR)

Built FAR3.58
Max residential FAR4.00
Max facility FAR4.00

Taxes

Tax class2
Rent regulatedUnknown

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About this property

259 East 7 Street was built in 2006 — roughly 20 years old. This is a condominium of 9 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 uses about 90% of the residential density its zoning allows (3.58 built FAR vs. a residential maximum of 4.00) — roughly 2,449 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.