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The Bronx / Longwood / 10459

1022 REV JAMES POLITE AVE

Boro2
Block2691
Lot122
BBL2026910122
Class D1
Residential units
68
Units in total
68
Storeys
5
Year built
2003
Last alteration on file
-
Recorded transfers
2 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
9 Dec 2021$7,371,238-APARTMENT BUILDINGRPTT&RET
9 Dec 2021$1-APARTMENT BUILDINGDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 5,667 SQ FT5
Drawn from PLUTO: 5 storeys, 29,175 sq ft of building on 5,667 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,667 sq ft
Building area
29,175 sq ft
Residential area
29,175 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.15
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$76,500
Assessed total value
$912,150
Exempt value
$912,150
Assessed per residential unit
$13,414

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Longwood
ZIP code
10459
Community district
The Bronx 2
Council district
17
Coordinates
40.82408, -73.898672
05

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1156 EAST 165 STRREETD725120250-
813 EAST 163 STREETD120019850-
1134 UNION AVENUED317519720-
980 WESTCHESTER AVENUERM15120200-
820 HEWITT PLACEC914419860-
899 WESTCHESTER AVENUERM14120140-
890 PROSPECT AVENUERM12420050-
960 PROSPECT AVERR12020170-

Every building on file in Longwood