261 11 AVENUE
BBL 1006730001 · Class O6 · Built 1892 · 14 floors · 3 units · TERMINAL FEE OWNER LP
261 11 AVENUE is a property in New York City zoned M2-4. The M2-4 classification is Manufacturing M2-4. The structure was built in 1892. It has 14 floors. The building contains 1,161,731 square feet. Assessed value is $210,209,400. Last sold for $880,000,000 in October 2018. Located in Council District 3.
You can build 680K sf as-of-right. The lot uses 171% of it today.
Governing use: commercial at FAR 5.00 on a 136,000 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 |
|---|---|---|---|
| Oct 25, 2018 | DEED | $880,000,000 | WFNY I LLC→TERMINAL FEE OWNER LP |
| Jul 9, 2012 | DEED | — | WATER FRONT N.Y., L.P.→WFNY I LLC |
| Oct 22, 1987 | DEED | — | COMMISSIONER OF FINANCE→CITY OF NEW YORK |
| Feb 1, 1983 | DEED | — | TERMINAL ASSOCIATES→WATERFRONT N.Y. |
| Jan 9, 1968 | DEED | — | SUBIN, DAVID L→TERMINAL ASSOCIATES |
| Mar 1, 1967 | DEED | — | HEMMERDINGER ESTATECORP→SUBIN, DAVID L |