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The Bronx / Concourse-Concourse Village / 10452

1065 GERARD AVENUE

Boro2
Block2487
Lot10
BBL2024870010
Class D1
Residential units
126
Units in total
126
Storeys
7
Year built
1999
Last alteration on file
-
Recorded transfers
1 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
30 Jan 2015$7,000,000-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 42,550 SQ FT7
Drawn from PLUTO: 7 storeys, 96,774 sq ft of building on 42,550 sq ft of lot, an average floor plate covering 32% of it. The dashed outline is the difference between the floor area ratio already built (2.27) 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
42,550 sq ft
Building area
96,774 sq ft
Residential area
96,774 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.27
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$287,100
Assessed total value
$2,689,650
Exempt value
$0
Assessed per residential unit
$21,346

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
Concourse-Concourse Village
ZIP code
10452
Community district
The Bronx 4
Council district
16
Coordinates
40.832116, -73.922806
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