45 CHAPEL ST
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Location
45 CHAPEL ST
Mblu
35/ 908/ 20/L /
Acct#
R--0152400
Owner
STRATFIELD APTS LLC
Assessment
$14,680,050
Appraisal
$20,971,490
PID
5975
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$17,309,810$3,661,680$20,971,490
Assessment
Valuation YearImprovementsLandTotal
2025$12,116,870$2,563,180$14,680,050

Owner of Record
OwnerSTRATFIELD APTS LLC
Co-OwnerC/O CAPITOL REALTY GROUP
Address86 EAST ROUTE 59
SUITE #100
SPRING VALLEY, NY 10977
Sale Price$9,500,000
Certificate
Book & Page 8316/0176
Sale Date11/01/2010
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
STRATFIELD APTS LLC$9,500,000 8316/01760011/01/2010
DEVCON STRATFIELD LLC$5,275,000 4259/0168 12/17/1999

Building Information
Building 1 : Section 1
Year Built: 1926
Living Area: 170,566
Replacement Cost: $36,027,548
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$16,212,400
Building Attributes
FieldDescription
Style:High Rise Apt
ModelComm/Ind
Grade:Average
Stories:8
Occupancy:207.00
Exterior Wall 1:Brick
Exterior Wall 2:Concr/CinderBl
Roof Struct:Flat
Roof Cover:Tar + Gravel
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1:Carpet
Interior Floor 2:Ceram Clay Til
Heating Fuel:Oil
Heating Type:Forced Air
AC Type:None
Bldg Use:Comm Apts
Ttl Rooms: 
Ttl Bedrms:00
Ttl Baths:0
Ttl Half Baths:0
Ttl Xtra Fix:0
1st Floor Use: 
Heat/AC:None
Frame Type:Masonry
Baths/Plumbing:Average
Ceiling/Wall:Sus-Ceil & Wl
Rooms/Prtns:Average
Wall Height:12.00
% Comn Wall:8.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 134,618 134,618
BASFirst Floor 25,401 25,401
RSTRestaurant 10,547 10,547
CANCanopy 2,000 0
UBMUnfin Basement 7,830 0
   180,396 170,566

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet170566.00 SF$253,2901
FPLFireplace1.00 UNITS$2,4301
ELV1Freight9.00 STOPS$149,8501
ELV2Pass8.00 STOPS$223,2001
ELV2Pass8.00 STOPS$223,2001
ELV2Pass8.00 STOPS$223,2001

Land
Land Use
Use Code801
DescriptionSubsidized Apts  
ZoneDX1
NeighborhoodAPT
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.75
Frontage0
Depth0
Total Market Land$2,563,180
Appraised Value$3,661,680

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph  10590.00 SF$22,2401
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$17,309,810$3,661,680$20,971,490
2024$9,740,480$2,800,000$12,540,480
2023$9,740,480$2,800,000$12,540,480

Assessment
Valuation YearImprovementsLandTotal
2025$12,116,870$2,563,180$14,680,050
2024$6,818,330$1,960,000$8,778,330
2023$6,818,330$1,960,000$8,778,330

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