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The Bronx / Concourse-Concourse Village / 10452

1015 GRAND CONCOURSE

Boro2
Block2471
Lot36
BBL2024710036
Class D4Grand Concourse Historic District
Residential units
60
Units in total
61
Storeys
6
Year built
1941
Last alteration on file
-
Recorded transfers
3 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
18 Jun 2009$77,5006HSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Sep 2008$110,0001GSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Mar 2007$80,0001FSINGLE RESIDENTIAL COOP UNITRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20091$77,500--
20081$110,000--
20071$80,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 15,860 SQ FT6
Drawn from PLUTO: 6 storeys, 75,000 sq ft of building on 15,860 sq ft of lot, an average floor plate covering 79% of it. The dashed outline is the difference between the floor area ratio already built (4.73) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
15,860 sq ft
Building area
75,000 sq ft
Residential area
72,600 sq ft
Commercial area
2,400 sq ft
Office area
2,400 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.73
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$63,000
Assessed total value
$1,980,450
Exempt value
$0
Assessed per residential unit
$33,008

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Concourse-Concourse Village
ZIP code
10452
Community district
The Bronx 4
Council district
16
Coordinates
40.830301, -73.921355
05

Other buildings in Concourse-Concourse Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
773 CONCOURSE VILLAGE ED493619640-
355 EXTERIOR STREETD771020250-
1020 GRAND CONCOURSED44531963375$300k
120 EAST 144 STREETD145220240-
900 GRAND CONCOURSED729819230-
261 GRAND CONCOURSED128320240-
425 GRAND CONCOURSERM27720200-
741 CONCOURSE VILLAGE WESTRM26520180-
800 GRAND CONCOURSED42541955191$270k
1169 RIVER AVENUERM24520200-
121 EAST 144 STREETD720620210-
280 EAST 161 STREETD120419802-

Every building on file in Concourse-Concourse Village