1702 EAST 16 STREET
BBL 3067980013 · Class K1 · Built 1963 · 1 floors · 5 units · 1702 FIVE BROTHERS LLC
1702 EAST 16 STREET is a property in New York City zoned R7A. The R7A classification is Residential R7A. The structure was built in 1963. It has 1 floor. The building contains 4,550 square feet. Built FAR is 0.95 of 4 maximum allowed. Assessed value is $425,700. Last sold for $2,272,050 in April 2025. Located in Council District 48.
You can build 19K sf as-of-right. The lot uses 24% of it today.
Governing use: residential at FAR 4.00 on a 4,792 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
7 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Apr 22, 2025 | DEED | $2,272,050 | 1702 EAST 16 STREET LLC→1702 FIVE BROTHERS LLC |
| Aug 2, 2023 | DEED | $4,497,626.5 | 1702 EAST 16 STREET LLC→1702 FIVE PARTNERS LLC |
| Feb 11, 2022 | DEED | $5,450,000 | UNITED Y & C PROPERTY MANAGEMENT, INC→1702 EAST 16 STREET LLC |
| Feb 13, 1987 | DEED | — | CHU, HONG MO→UNITED Y&C PROPERTYMGMT |
| Jan 7, 1986 | DEED | — | SAPHIR, JOEL L→YOO, BYONG K |
| Jun 10, 1982 | DEED | — | HOLIDAY PT. RLTY COPTN→SAPHIR, JOEL L |
| Jun 26, 1970 | DEED | — | HOLIDAY POINT REALTY CORP→HOLIDAY POINT REALTY CO |