$880,000 Sold Jun 2026
$837,000 Assessed value
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| Building size | 976 sq ft |
|---|---|
| Building dimensions | 16 × 28 ft |
| Stories | 2 |
| Sq ft per floor | 488 sq ft |
| Year built | 1915 |
| Lot dimensions | 24.5 × 100.92 ft |
|---|---|
| Lot area | 2,472 sq ft |
| Units | 1 |
|---|---|
| Zoning | R4-1 |
| Building class | A1 |
| Block / lot | Block 3696 / Lot 36 |
| Built FAR | 0.39 |
|---|---|
| Max residential FAR | 1.00 |
| Max facility FAR | 2.00 |
| Last recorded sale | $880,000 (Jun 2026) |
|---|---|
| Assessed value | $837,000 |
| Tax class | 1 |
| Annual property tax | $6,756 |
| Rent regulated | Unlikely |
78-38 73 Place was built in 1915 — roughly 111 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 $6,756 per year ($563/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $880,000 in Jun 2026.
The building uses about 20% of the density its zoning allows (0.39 built FAR vs. a maximum of 2.00) — roughly 3,980 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.