234 WEST 48 STREET
BBL 1010190055 · Class H2 · Built 1927 · 16 floors · 3 units · 234 WEST 48 LLC
234 WEST 48 STREET is a property in New York City zoned C6-5. The C6-5 classification is Commercial C6-5. The structure was built in 1927. It has 16 floors. The building contains 117,102 square feet. Built FAR is 12.26 of 10 maximum allowed. Assessed value is $22,833,900. Last sold for $14,000,000 in April 2006. Located in Council District 3.
You can build 96K sf as-of-right. The lot uses 123% of it today.
Governing use: residential at FAR 10.00 on a 9,550 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
5 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Apr 20, 2006 | DEED | $14,000,000 | PRESIDENT HOTEL COMPANY→234 WEST 48 LLC |
| Feb 10, 1986 | DEED | — | PRESIDENT ASSOCIATES→234 HOTEL CORP |
| Feb 10, 1986 | DEED | — | 234 HOTEL CORP→PRESIDENT HOTEL COMPANY |
| Dec 6, 1971 | DEED | — | 1 WEST 3RD ST CORP.→PRESIDENT ASSOCIATES. |
| Dec 6, 1971 | DEED | — | PRESIDENT ASSOCIATES.→1WEST 3RD ST CORP. |