855 Avenue Of The Amer
Manhattan · Parcel 1008067502
417,562 sq ft
Building area
$103,600,800
Assessed value
Analysis
AI-generated Risk: Medium
The property’s new age and clean penalty record are positives, but the over‑built condition, open violations, and absence of a recent arm‑length sale create moderate risk for investors.
The good
- Built in 2014, so the structure and systems are relatively new
- No enforcement or safety violation penalties and no unpaid safety violations
- No legal proceedings and not on a tax‑lien sale list
- Large building with 382 residential units and an average unit size of 667 sq ft
The bad
- Constructed beyond the residential floor‑area limit (over‑built for residential use)
- 24 open violations translate to 0.1 violations per unit, indicating ongoing compliance issues
- No arms‑length sale recorded and market value on record is 0, suggesting lack of recent market pricing
- Over‑built status limits future expansion or re‑configuration of the building
Written by a language model from this property's own figures — the same numbers shown on this page. It introduces no facts of its own: every figure it cites is checked against the data before the text is shown. It is a reading of the numbers, not a professional opinion, and it can be wrong about emphasis even when it is right about arithmetic. See our methodology.
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 10.52, against a residential limit of 10.00 — it is over that limit by 0.52. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands.
Unresolved conditions on record
24 violations remain open across 382 residential units (about 0.1 per apartment), against an outstanding penalty balance of $0.00. A significant open count with little money attached usually means habitability items that were never certified as corrected, rather than a few expensive enforcement actions — an administrative problem more than a financial one, though it is still a problem.
Development & zoning
Floor-area ratio
| Built | 10.52 |
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| Residential limit | 10.00 |
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| Commercial limit | 10.00 |
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| Community-facility limit | 10.00 |
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Development headroom (calculated) calculated
| Highest permitted ratio | 10.00 |
|---|
| Unused ratio | -0.52 |
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| Unused buildable area | — |
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| Lot area | 39,700 sq ft |
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Value & taxes
Assessment
| Assessed total | $103,600,800 |
|---|
| Assessed land | $11,975,400 |
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| Assessed building | $91,625,400 |
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| Market value on record | $0 |
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| Assessed as % of market | — |
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Tax
| Tax class | 2 |
|---|
| Taxable assessed | $0 |
|---|
| Tax rate | 12.502% |
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| Estimated annual levy | — |
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The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|
| 2027 | $0 | — |
| 2026 | $0 | — |
| 2025 | $0 | — |
| 2024 | $0 | — |
| 2023 | $0 | — |
Building & occupancy
Structure
| Year built | 2014 |
|---|
| Floors | 41 |
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| Building area | 417,562 sq ft |
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| Residential area | 254,697 sq ft |
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| Commercial area | 162,865 sq ft |
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Occupancy
| Ownership | Condominium |
|---|
| Total units | 384 |
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| Residential units | 382 |
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| Rent-stabilized | 109 |
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| Free Market / Other | 273 |
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| Residential Avg unit size | 667 sq ft (calculated) |
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| Commercial Avg unit size | 81,433 sq ft (calculated) |
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| Building class | RM |
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Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | 34 St-Herald Sq (N, Q, R, W) — 0.16 mi |
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| School district | 2 |
|---|
| Police precinct | 14 |
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| Nearest firehouse | Engine 1/Ladder 24 — 142 West 31 Street |
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Location risk
| Flood zone | Minimal hazard (Zone X) |
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| Hurricane evacuation zone | Not in an evacuation zone |
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| City emergency repairs | 2 orders — $1,690 billed (through 2021) |
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| Evictions on record | 2 (most recent 2024) |
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Energy & emissions
| Energy grade | D |
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| Energy use intensity | 70.0 kBtu/ft² |
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| Greenhouse-gas emissions | 3,708 metric tons/yr |
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Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|
| 371 7 Avenue | 2025-12-19 | $260,000,000 | 473,391 | $549 |
| 148 West 31 Street | 2025-12-19 | $260,000,000 | — | — |
| 363 7th Avenue | 2025-02-26 | $21,340,000 | 83,642 | $255 |
| 132 West 31st Street | 2018-01-11 | $31,000,000 | 384,655 | $81 |
| 116 West 31st Street | 2016-04-29 | $73,910,680 | 49,286 | $1,500 |
Record activity
Compliance calculated
| Open violations | 24 |
|---|
| Open per residential unit | 0.1 (calculated) |
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| Enforcement penalties | $0.00 |
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| Safety-violation penalties | Not available |
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| Total penalties owed | $0.00 (calculated) |
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| On tax-lien sale list | No |
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Activity
| Complaints recorded | 353 |
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| Permits / alterations | 146 |
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| Recorded documents | 0 |
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| Legal proceedings | 0 |
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Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | Unavailable Owner |
|---|
| Parcel | 1008067502 |
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| Block | 806 |
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| Lot | 7502 |
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Last recorded transfer
| Date | — |
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| Recorded price | — |
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| Price per unit | Not meaningful |
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| Price vs assessed | Not meaningful |
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Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
Showing the 50 most recent of 150. The full set is available in the interactive report.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
Showing the 50 most recent of 146. The full set is available in the interactive report.
About this page
Compiled from New York City public records — data retrieved 6 days ago. Coverage on this parcel: 14 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.