Residential units
22
Units in total
22
Storeys
5
Year built
1907
Last alteration on file
2019
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 31 Jan 2018 | $4,326,630 | - | APARTMENT BUILDING | RPTT&RET |
| 31 Jan 2018 | $14,143,773 | - | APARTMENT BUILDING | DEED |
| 8 Oct 2004 | $10,043,773 | - | APARTMENT BUILDING | DEED |
- 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.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2018 | 2 | $9,235,202 | $4,326,630 | $14,143,773 |
| 2004 | 1 | $10,043,773 | - | - |
02
The building on the lot
Section through the lot
Lot area
4,984 sq ft
Building area
24,360 sq ft
Residential area
24,360 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.89
Residential FAR permitted
3.44
Zoning district
R7-1
03
Assessment
Assessed land value
$45,000
Assessed total value
$528,750
Exempt value
$528,750
Assessed per residential unit
$24,034
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
C4OLD LAW TENEMENT
Neighbourhood
Longwood
ZIP code
10459
Community district
The Bronx 2
Council district
17
Coordinates
40.824502, -73.898151
05
Other buildings in Longwood
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 975 SIMPSON ST | RR | 376 | 2017 | 2 | - |
| 951 HOE AVENUE | RM | 300 | 2005 | 6 | - |
| 970 KELLY STREET | RR | 268 | 1982 | 1 | - |
| 1001 WHITLOCK AVENUE | D7 | 265 | 2023 | 0 | - |
| 1156 EAST 165 STRREET | D7 | 251 | 2025 | 0 | - |
| 813 EAST 163 STREET | D1 | 200 | 1985 | 0 | - |
| 1134 UNION AVENUE | D3 | 175 | 1972 | 0 | - |
| 980 WESTCHESTER AVENUE | RM | 151 | 2020 | 0 | - |
| 820 HEWITT PLACE | C9 | 144 | 1986 | 0 | - |
| 899 WESTCHESTER AVENUE | RM | 141 | 2014 | 0 | - |
| 890 PROSPECT AVENUE | RM | 124 | 2005 | 0 | - |
| 960 PROSPECT AVE | RR | 120 | 2017 | 0 | - |