259 5 Avenue, Manhattan, New York, NY 10016


Address: 259 5 Avenue, Manhattan, New York, NY 10016
Owner: NORMANDY 261 5TH AVE

259 5 Avenue, Manhattan, New York, NY 10016 (Parcel #1008580078) is a property assessed by City of New York, Department of Finance (DOF). The owner is NORMANDY 261 5TH AVE. The assessed value is 54449550.

Property Overview

Borough-Block-Lot-Easement (BBLE) 1008580078
Borough: 1 (Manhattan), Block: 858, Lot: 78
Property Address 259 5 Avenue
Manhattan
New York, NY 10016
House Number Range 259 - 263
Owner NORMANDY 261 5TH AVE
Building Class O4 (OFFICE ONLY WITH OR WITHOUT COMM - 20 STORIES OR MORE)
Property Tax Class 4 (ALL OTHERS)
Lot Width 98
Number of Stories 25
Assessment Year 2017/18
Estimated Market Value 120999000
Actual Assessed Total Value 54449550
(45% of estimated market value)
Transitional Assessed Total Value 42935230
Building Width 99
Building Depth 161
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 24700000 24700000 94347000 120999000
Actual Assessed Value 11115000 11115000 11115000 42456150 54449550 54449550
Actual Exempt Value 0 0 0 0 0 0
Transitional Assessed Value 11115000 11115000 11115000 39415420 42935230 42935230
Transitional Exempt Value 0 0 0 0 0 0
Estimated market value changed on 10/31/2016. Tentative assessed value changed on 10/31/2016. Final assessed value changed on 10/31/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 75800000 0.00% 34110000 11115000
2010/11 77400000 2.11% 34830000 11115000
2011/12 90735000 17.23% 40830750 11115000
2012/13 81890000 -9.75% 36850500 11115000
2013/14 89860000 9.73% 40437000 11115000
2014/15 91386000 1.70% 41123700 11115000
2015/16 88361000 -3.31% 39762450 11115000
2016/17 94347000 6.77% 42456150 11115000
2017/18 120999000 28.25% 54449550 11115000

Property Location

Borough-Block-Lot-Easement (BBLE) 1008580078
Borough: 1 (Manhattan), Block: 858, Lot: 78
Property Address 259 5 Avenue
Manhattan
New York, NY 10016
House Number Range 259 - 263
Borough Manhattan
Zip Code 10016

Owner Overview

Owner NORMANDY 261 5TH AVE

Competitor

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Zip Code 10016

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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