124 EAST 55 STREET
BBL 1013090062 · Class O2 · Built 1881 · 4 floors · 124 EAST 55TH LLC
124 EAST 55 STREET is a property in New York City zoned C5-2. The C5-2 classification is Commercial C5-2. The structure was built in 1881. It has 4 floors. The building contains 7,616 square feet. Built FAR is 3.03 of 10 maximum allowed. Assessed value is $1,161,450. Last sold for $22,900,000 in November 2018. Located in Council District 4.
You can build 25K sf as-of-right. The lot uses 30% of it today.
Governing use: residential at FAR 10.00 on a 2,510 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 |
|---|---|---|---|
| Nov 29, 2018 | DEED | $22,900,000 | 124 EAST 55TH STREET PROPERTY, LLC→124 EAST 55TH LLC |
| Feb 2, 2006 | DEED | $7,975,000 | EXCEL BANK, N.A.→124 EAST 55TH STREET PROPERTY, LLC |
| Nov 21, 2002 | DEED | — | ALPHA PROPERTY HOLDINGS, LLC→EXCEL BANK, N.A. |
| Oct 18, 2000 | DEED | — | DE CHILE, BANCO→ALPHA PROPERTY HOLDINGS LLC |
| Dec 31, 1986 | DEED | — | VERNAY & JUSSEL, INC.→BANCO DE CHILE |