1240 5 AVENUE
BBL 1016110001 · Class I1 · Built 1921 · 11 floors · TERENCE CARDINAL COOKE HEALTH CARE CENTER
1240 5 AVENUE is a split-zoned property in New York City: different parts of the lot fall in R9 and R9. The structure was built in 1921. It has 11 floors. The building contains 488,783 square feet. Built FAR is 7.09; PLUTO reports a maximum of 6.02 for the R9 portion, which does not govern the whole of a split lot. Assessed value is $43,523,550. Located in Council District 8.
You can build 448K sf as-of-right. The lot uses 109% of it today.
Governing use: community facility at FAR 6.50 on a 68,988 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
2 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jul 23, 2015 | DEED | — | FLOWER HOSPITAL→TERENCE CARDINAL COOKE HEALTH CARE CENTER |
| Feb 1, 1980 | DEED | — | NEW YORK MEDICAL COLLEGE→FLOWER HOSPITAL |