1160 Richmond Road
Analysis
The property shows valuation strength and low compliance costs, but regulatory over‑building and lack of a recent arm‑length sale create moderate risk.
The good
- Market value on record ($8,639,000) is more than double the assessed value ($3,887,550), indicating strong valuation upside.
- Only one open violation and zero open violations per unit suggest minimal compliance issues.
- No enforcement or safety violation penalties are owed, eliminating hidden debt risks.
The bad
- Building is built beyond its residential floor‑area limit (residential FAR 0.75 vs built FAR 1.52), flagging a regulatory over‑build constraint.
- No arms‑length sale recorded, meaning there is no recent market transaction to confirm price.
- Estimated annual property tax ($421,213.63) is high relative to the building’s size and income potential.
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 1.52, against a residential limit of 0.75 — it is over that limit by 0.77. 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.
A light open-violation load
Only 1 violation is currently open across 71 residential units, with $0.00 outstanding. For a building of this age that is a modest figure.
Assessed value trend
Assessed value has risen 29.4% across the 5 assessment years on record (2023 to 2027), standing at $3,887,550. Because tax is levied on the assessed figure rather than on market value, a sustained move here tends to show up in the bill.
Development & zoning
Floor-area ratio
| Built | 1.52 |
|---|---|
| Residential limit | 0.75 |
| Commercial limit | 0.00 |
| Community-facility limit | 1.00 |
Development headroom (calculated) calculated
| Highest permitted ratio | 1.00 |
|---|---|
| Unused ratio | -0.52 |
| Unused buildable area | — |
| Lot area | 41,810 sq ft |
Value & taxes
Assessment
| Assessed total | $3,887,550 |
|---|---|
| Assessed land | $564,300 |
| Assessed building | $3,323,250 |
| Market value on record | $8,639,000 |
| Assessed as % of market | 45.0% |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $3,369,170 |
| Tax rate | 12.502% |
| Estimated annual levy | $421,213.63 |
| Tax exemption (assessed value) | $54,575 |
| Tax abatement | Co-op/condo — $52,761 |
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 | $3,887,550 | — |
| 2026 | $3,706,650 | +4.9% |
| 2025 | $3,536,100 | +4.8% |
| 2024 | $3,499,200 | +1.1% |
| 2023 | $3,003,300 | +16.5% |
Building & occupancy
Structure
| Year built | 1969 |
|---|---|
| Floors | 6 |
| Building area | 63,600 sq ft |
| Residential area | 63,600 sq ft |
| Commercial area | — |
Occupancy
| Ownership | Cooperative |
|---|---|
| Total units | 71 |
| Residential units | 71 |
| Rent-stabilized | 3 |
| Free Market / Other | 68 |
| Residential Avg unit size | 896 sq ft (calculated) |
| Building class | D4 |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Old Town (SIR) — 0.25 mi |
|---|---|
| School district | 31 |
| Police precinct | 122 |
| Nearest firehouse | Division 8/Engine 160/Rescue 5 — 1850 Clove Road |
Location risk
| Flood zone | Minimal hazard (Zone X) |
|---|---|
| Hurricane evacuation zone | Not in an evacuation zone |
Energy & emissions
| Energy use intensity | 34.2 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 268 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 46 Durges Street | 2026-05-06 | $1,371,000 | 2,445 | $561 |
| 166 Providence Street | 2026-04-24 | $2,500,000 | 4,103 | $609 |
| 50 Albright Street | 2026-03-11 | $960,000 | 1,719 | $558 |
| 154 Providence Street | 2025-10-03 | $1,250,000 | 1,880 | $665 |
| 7 Wilson Street | 2025-09-24 | $682,228 | 1,008 | $677 |
| 1196 Richmond Road | 2025-06-23 | $830,000 | 1,118 | $742 |
| 148 Providence Street | 2025-03-14 | $820,000 | 1,940 | $423 |
| 63 Durgess Street | 2024-09-20 | $850,000 | 1,232 | $690 |
Record activity
Compliance calculated
| Open violations | 1 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $0.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $0.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 45 |
|---|---|
| Permits / alterations | 27 |
| Recorded documents | 108 |
| Legal proceedings | 0 |
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 | 1160 Richmond Owners Inc |
|---|---|
| Parcel | 5031910061 |
| Block | 3191 |
| Lot | 61 |
Last recorded transfer
| Date | — |
|---|---|
| Recorded price | — |
| Price per unit | Not meaningful |
| Price vs assessed | Not meaningful |
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.
| Issued | Category | Class | Status | Amount due | Description |
|---|---|---|---|---|---|
| 13 Jan 1997 | Building | — | V-Building VIOLATION - ACTIVE | — | a local law-a local law/81 - ELEVATOR ELEVATOROPTIONAL |
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 9 Jul 2026 | Building Permit - None | General Construction/Plumbing | Closed | 22 Jul 2026 |
| 2 Jun 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 2 Jun 2026 |
| 16 Feb 2026 | Banging/Pounding | Noise - Residential | Closed | 16 Feb 2026 |
| 13 Feb 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 13 Feb 2026 |
| 4 Jan 2026 | No Access | Blocked Driveway | Closed | 4 Jan 2026 |
| 8 Apr 2025 | Illegal Hotel Rooms In Residential Building | Special Projects Inspection Team (SPIT | Closed | 12 May 2025 |
| 3 Jan 2025 | Other | Noise - Helicopter | Closed | 21 May 2025 |
| 8 Nov 2024 | WATER SUPPLY | PLUMBING | Closed | 10 Nov 2024 |
| 8 Nov 2024 | GARBAGE/RECYCLING STORAGE | UNSANITARY CONDITION | Closed | 10 Nov 2024 |
| 17 May 2024 | Ventilation | Indoor Air Quality | Closed | 17 May 2024 |
| 13 May 2024 | Trash | Missed Collection | Closed | 17 May 2024 |
| 28 Apr 2024 | Posted Parking Sign Violation | Illegal Parking | Closed | 28 Apr 2024 |
| 9 Feb 2024 | Posted Parking Sign Violation | Illegal Parking | Closed | 9 Feb 2024 |
| 1 Dec 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 1 Dec 2023 |
| 4 Nov 2023 | Defective Hardware | Street Condition | Closed | 6 Nov 2023 |
| 5 Oct 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 5 Oct 2023 |
| 7 Sep 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 7 Sep 2023 |
| 6 Sep 2023 | Weeds or Grass | Obstruction | In Progress | — |
| 5 Sep 2023 | Home Improvement Contractor | Consumer Complaint | Closed | 6 Oct 2023 |
| 2 Aug 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 2 Aug 2023 |
| 13 Jul 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 13 Jul 2023 |
| 16 May 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 16 May 2023 |
| 15 May 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 15 May 2023 |
| 9 May 2023 | Removal Request | Illegal Dumping | Closed | 12 May 2023 |
| 20 Mar 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 20 Mar 2023 |
| 16 Mar 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 16 Mar 2023 |
| 13 Mar 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 13 Mar 2023 |
| 9 Mar 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 9 Mar 2023 |
| 27 Feb 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 27 Feb 2023 |
| 23 Feb 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 23 Feb 2023 |
| 16 Feb 2023 | Posted Parking Sign Violation | Illegal Parking | Closed | 16 Feb 2023 |
| 26 Nov 2022 | Trash | Missed Collection | Closed | 1 Dec 2022 |
| 14 Jul 2022 | Trash | Lot Condition | Closed | 22 Jul 2022 |
| 14 Jul 2022 | Plate Condition - Noisy | Street Condition | Closed | 14 Jul 2022 |
| 14 Jul 2022 | Speed Limit | Street Sign - Dangling | Closed | 24 Aug 2022 |
| 17 Jan 2022 | Trash | Missed Collection | Closed | 21 Jan 2022 |
| 16 Jan 2022 | Trash | Missed Collection | Closed | 21 Jan 2022 |
| 30 Nov 2021 | Bus Stop | Street Sign - Dangling | Closed | 3 Dec 2021 |
| 17 Nov 2021 | Recycling - Paper/Metal/Glass/Rigid Plastic | Missed Collection | Closed | 10 Dec 2021 |
| 23 Oct 2021 | Trash | Missed Collection | Closed | 1 Nov 2021 |
| 17 May 2021 | E3 Dirty Sidewalk | Dirty Conditions | Closed | 18 May 2021 |
| 29 Sep 2020 | E12 Illegal Dumping Surveillance | Dirty Conditions | Closed | 5 Oct 2020 |
| 4 Sep 2020 | Sewage Odor | Indoor Sewage | Closed | 8 Sep 2020 |
| 1 Jul 2020 | Banging/Pounding | Noise - Residential | Closed | 1 Jul 2020 |
| 1 Apr 2020 | Social Distancing | Non-Emergency Police Matter | Closed | 1 Apr 2020 |
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
| Issued | Type | Status | Work |
|---|---|---|---|
| 31 Mar 2026 | Mechanical Systems | Permit Issued | Installation of new air handler unit in the basement and related condenser on grade. No change in use, egress or occupancy |
| 16 Mar 2026 | Antenna | Permit Issued | Installation of new VERIZON site. Install 4 sectors (12 antennas) with associated parts, 8 RRH units, 3 GPS antennas on roof and 1 equipment rack in existing equipment room in basement. Related conduits on the facade and service connection in the basement |
| 13 Nov 2024 | Antenna | Signed-off | Re-filing of application #s 500435308 & 500609335 in order to sign off only. Both applications were for the modification of an existing T-Mobile site. No work proposed under this application. See comments |
| 13 Mar 2023 | Antenna | Signed-off | DISH WIRELESS- Installation of 3 new antenna sectors, and 6 RRH units and 1 GPS unit on roof. Install 1 cabinet on steel platform on roof.. Related service connection on 1st floor to roof. All in conformance with TPPN 5/98 |
| 22 Aug 2022 | Antenna | Signed-off | DECOMMISSION OF EXISTING SPRINT/CW TELECOM SITE. REMOVE EQUIPMENT PLATFROM & DUNNAGE, 10 ANTENNAS, 10 RRH, 4 GPS FROM ROOF. REMOVE CABLES FROM BASEMENT, FACADE AND ROOF. NO CHANGE IN USE, EGRESS OR OCCUPANCY. ORIGINAL APP#500412911 |
| 5 Mar 2021 | General Construction | Signed-off | DECOMMISSION OF EXISTING NEXTEL/CW TELECOM SITE. REMOVE ALL ANTENNAS AND EQUIPMENT FROM THE ROOF AND BASEMENT. NO CHANGE IN USE, EGRESS OR OCCUPANCY. INITIAL PERMIT INSTALLED UNDER APPLICATION #520023858 |
| 22 Nov 2019 | A2 | ISSUED | — |
| 20 Sep 2019 | Sprinklers | Signed-off | FILING HEREWITH PLANS AND APPLICATION FOR NEW 6 SPRINKLER HEADS AND PIPING IN EXISTING LAUNDRY IN BASEMENT |
| 24 Sep 2014 | A3 | ISSUED | — |
| 3 Jul 2012 | A3 | ISSUED | — |
| 3 Jul 2012 | A3 | ISSUED | — |
| 5 Mar 2012 | A3 | ISSUED | — |
| 3 Jun 2010 | A3 | ISSUED | — |
| 3 Jun 2010 | A3 | ISSUED | — |
| 4 Jun 2007 | A3 | ISSUED | — |
| 4 Jun 2007 | A3 | ISSUED | — |
| 14 Jul 2003 | A2 | ISSUED | — |
| 14 Jul 2003 | A2 | ISSUED | — |
| 19 Jul 2000 | A2 | ISSUED | — |
| 19 Jul 2000 | A2 | ISSUED | — |
| 15 May 2000 | A2 | ISSUED | — |
| 15 May 2000 | A2 | ISSUED | — |
| 4 May 2000 | A2 | ISSUED | — |
| 4 May 2000 | A2 | ISSUED | — |
| 4 May 2000 | A2 | ISSUED | — |
| 29 Apr 1997 | A2 | ISSUED | — |
| 29 Apr 1997 | A2 | ISSUED | — |
Recorded documents
Deeds, mortgages and related instruments recorded against the lot. A recorded amount is not necessarily a market price.
| Recorded | Type | Amount | From | To |
|---|---|---|---|---|
| 22 Dec 2025 | RPTT&RET | $340,000 | — | — |
| 28 Nov 2025 | RPTT&RET | $285,000 | — | — |
| 22 Apr 2025 | RPTT&RET | $330,000 | — | — |
| 25 Feb 2025 | RPTT&RET | — | — | — |
| 31 Oct 2024 | RPTT&RET | $320,000 | — | — |
| 25 Jul 2024 | RPTT&RET | $380,000 | — | — |
| 15 Jul 2024 | RPTT&RET | $261,000 | — | — |
| 23 May 2024 | RPTT&RET | $289,000 | — | — |
| 22 May 2024 | Transfer tax return | $881,840 | — | — |
| 22 Mar 2024 | RPTT&RET | $299,000 | — | — |
| 20 Oct 2023 | RPTT&RET | $14,000 | — | — |
| 25 Sep 2023 | RPTT&RET | $275,000 | — | — |
| 7 Sep 2023 | RPTT&RET | — | — | — |
| 29 Aug 2023 | RPTT&RET | $275,000 | — | — |
| 29 Jun 2023 | RPTT&RET | $305,000 | — | — |
| 13 Dec 2022 | RPTT&RET | $318,000 | — | — |
| 2 Sep 2022 | RPTT&RET | $325,000 | — | — |
| 1 Sep 2022 | RPTT&RET | $14,000 | — | — |
| 27 Jul 2022 | RPTT&RET | $270,000 | — | — |
| 14 Jun 2022 | RPTT&RET | $170,000 | — | — |
| 8 Jun 2022 | RPTT&RET | $305,000 | — | — |
| 7 Jun 2022 | RPTT&RET | $285,000 | — | — |
| 28 Apr 2022 | RPTT&RET | $295,000 | — | — |
| 18 Feb 2022 | RPTT&RET | $370,000 | — | — |
| 14 Dec 2021 | RPTT&RET | $15,000 | — | — |
| 11 Jun 2021 | RPTT&RET | $154,000 | — | — |
| 9 Jun 2021 | RPTT&RET | — | — | — |
| 26 Feb 2021 | RPTT&RET | $288,000 | — | — |
| 26 Oct 2020 | RPTT&RET | $150,000 | — | — |
| 19 Feb 2020 | RPTT&RET | $315,000 | — | — |
| 5 Sep 2019 | RPTT&RET | $275,000 | — | — |
| 6 May 2019 | RPTT&RET | — | — | — |
| 26 Mar 2019 | RPTT&RET | — | — | — |
| 5 Feb 2019 | RPTT&RET | $330,000 | — | — |
| 23 Jan 2019 | RPTT&RET | $85,000 | — | — |
| 14 Aug 2018 | RPTT&RET | — | — | — |
| 2 Aug 2018 | RPTT&RET | $255,000 | — | — |
| 17 Jul 2018 | RPTT&RET | — | — | — |
| 24 Apr 2018 | RPTT&RET | $115,000 | — | — |
| 11 Apr 2018 | RPTT&RET | $110,000 | — | — |
| 28 Mar 2018 | RPTT&RET | $262,000 | — | — |
| 22 Nov 2017 | RPTT&RET | $225,000 | — | — |
| 26 Oct 2017 | RPTT&RET | $160,000 | — | — |
| 13 Sep 2017 | RPTT&RET | $85,000 | — | — |
| 21 Aug 2017 | RPTT&RET | — | — | — |
| 21 Aug 2017 | RPTT&RET | $230,000 | — | — |
| 30 Jun 2017 | RPTT&RET | — | — | — |
| 10 Feb 2017 | RPTT&RET | $10,000 | — | — |
| 20 Jan 2017 | RPTT&RET | $200,000 | — | — |
| 29 Jun 2016 | RPTT&RET | $160,000 | — | — |
Showing the 50 most recent of 108. 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: 15 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.