79 PARK TERRACE WEST
79 PARK TERRACE WEST is a Class B1 (two-family brick) building in Manhattan (BBL 1022430390) built in 1923, with 2 residential units across 2 floors.
The building is in NYC community district 112, council district 10, zoning district R7A, on a 2,500-square-foot lot with a building footprint of 2,036 square feet.
The current registered owner of record per NYC PLUTO is OLSEN, TODD.
The most recent ACRIS deed transfer for this BBL was recorded on May 31, 2023 when DANIEL A. DILLON, JR. AS SUCCESSOR TRUSTEE; MAJORIE E. REVOCABLE TRUST - 1993 conveyed the property to OLSEN, TODD; FRANK- OLSEN, HEATHER T for $1.66M. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 3)
Building stats
- Zoning:
- R7A
- Lot size:
- 2,500 sqft
- Building area:
- 2,036 sqft
- Floors:
- 2
- Assessed value:
- $42K
- Community district:
- 112
- Council district:
- 10
HPD violations
Recent HPD violation details
- Class BInspected Jan 22, 2013§ 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR ALL WALLS & CEILING, IN THE KITCHEN LOCA…
- Class BInspected Jan 22, 2013§ 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE CERAMIC TILES, WEST WALL, IN THE KITCHEN LOCATED AT APT…
- Class BInspected Jan 22, 2013§ 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR ALL WALLS & CEILING, IN THE BATHROOM LOC…
- Class BInspected Jan 22, 2013§ 27-2026 ADMIN. CODE: REPLACE THE BROKEN OR DEFECTIVE WATERCLOSET, IN THE BATHROOM LOCATED AT APT 2NFL, 2nd STORY, 2nd APARTMENT FROM SOUTH…
- Class BInspected Jan 22, 2013§ 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR ALL WALLS & CEILING, IN THE 2nd ROOM FRO…
Recent ACRIS activity
Frequently asked questions about 79 PARK TERRACE WEST
Who owns 79 PARK TERRACE WEST?
The current registered owner of record for 79 PARK TERRACE WEST per NYC PLUTO is OLSEN, TODD. The most recent ACRIS deed transfer for this BBL was recorded on May 31, 2023 when the property was conveyed to OLSEN, TODD; FRANK- OLSEN, HEATHER T. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 79 PARK TERRACE WEST last sold?
The most recent ACRIS deed transfer for 79 PARK TERRACE WEST was recorded on May 31, 2023, when DANIEL A. DILLON, JR. AS SUCCESSOR TRUSTEE; MAJORIE E. REVOCABLE TRUST - 1993 conveyed the property to OLSEN, TODD; FRANK- OLSEN, HEATHER T for $1.66M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 79 PARK TERRACE WEST have?
No open HPD housing-maintenance code violations are on record for 79 PARK TERRACE WEST. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 79 PARK TERRACE WEST?
NYC Department of Finance assesses 79 PARK TERRACE WEST at $42K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 79 PARK TERRACE WEST and what does that mean?
79 PARK TERRACE WEST is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.