885 2 AVENUE
BBL 1013210022 · Class O4 · Built 1971 · 48 floors · 27 units · 885 SECOND AVENUE OWNER LLC
885 2 AVENUE is a split-zoned property in New York City: different parts of the lot fall in C1-9 and R10. The structure was built in 1971. It has 48 floors. The building contains 805,467 square feet. Built FAR is 19.73; PLUTO reports a maximum of 10 for the C1-9 portion, which does not govern the whole of a split lot. Assessed value is $118,744,650. Last sold for $565,754,370.5 in January 2019. Located in Council District 4.
You can build 408K sf as-of-right. The lot uses 197% of it today.
Governing use: residential at FAR 10.00 on a 40,820 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
6 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jan 9, 2019 | DEED | $565,754,370.5 | PLAZA TOWER, LLC→885 SECOND AVENUE OWNER LLC |
| Feb 8, 2007 | DEED | — | TOWER PLAZA ASSOCIATES, L.P.→PLAZA TOWER, LLC |
| Jan 26, 2007 | DEED | — | DUIT REALTY CORP.→TOWER PLAZA ASSOCIATES, L.P. |
| Apr 2, 1970 | DEED | — | AMBER ASSOC→DWIT RLTY CORP. |
| Sep 11, 1967 | DEED | — | ANNBAR ASSOC→CARLURE HOLDING CP |
| Sep 11, 1967 | DEED | — | CARLURE HOLDING CP→ANNBAR ASSOC |