$9,465,000 Assessed value
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| Building size | 41,244 sq ft |
|---|---|
| Building dimensions | 116.75 × 47 ft |
| Stories | 6 |
| Basement / garden level | Yes — below ground |
| Sq ft per floor | 5,892 sq ft (incl. the garden level) |
| Year built | 2003 |
| Lot dimensions | 116.75 × 96.17 ft |
|---|---|
| Lot area | 11,228 sq ft |
| FEMA flood zone | X — minimal risk |
| Units | 38 |
|---|---|
| Zoning | R8B |
| Building class | D3 |
| Block / lot | Block 373 / Lot 51 |
| Built FAR | 3.67 |
|---|---|
| Max residential FAR | 4.00 |
| Max facility FAR | 4.00 |
| Assessed value | $9,465,000 |
|---|---|
| Tax class | 2 |
| Annual property tax | $529,808 |
| Exemptions / abatements | EAST THIRD STREET HOUSING DEVELOPMENT FU (expires ~2048) |
| Rent regulated | Unknown |
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299 East 3 Street was built in 2003 — roughly 23 years old. 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. At the current assessment that works out to about $529,808 per year ($44,151/month) before any abatements or exemptions the owner may receive.
The building uses about 92% of the residential density its zoning allows (3.67 built FAR vs. a residential maximum of 4.00) — roughly 3,705 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.