The Bronx / Concourse-Concourse Village / 10452
1075 GERARD AVENUE
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 |
|---|---|---|---|---|
| 25 Jun 2019 | $15,847,500 | - | APARTMENT BUILDING | DEED |
| 3 Feb 2015 | $2,531,986 | - | APARTMENT BUILDING | RPTT&RET |
| 30 Jan 2015 | $7,000,000 | - | APARTMENT BUILDING | RPTT |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- 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.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2019 | 1 | $15,847,500 | - | - |
| 2015 | 2 | $4,765,993 | $2,531,986 | $7,000,000 |
The building on the lot
Section through the lot
Assessment
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.
Classification and location
Other buildings in Concourse-Concourse Village
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 773 CONCOURSE VILLAGE E | D4 | 936 | 1964 | 0 | - |
| 355 EXTERIOR STREET | D7 | 710 | 2025 | 0 | - |
| 1020 GRAND CONCOURSE | D4 | 453 | 1963 | 375 | $300k |
| 120 EAST 144 STREET | D1 | 452 | 2024 | 0 | - |
| 900 GRAND CONCOURSE | D7 | 298 | 1923 | 0 | - |
| 261 GRAND CONCOURSE | D1 | 283 | 2024 | 0 | - |
| 425 GRAND CONCOURSE | RM | 277 | 2020 | 0 | - |
| 741 CONCOURSE VILLAGE WEST | RM | 265 | 2018 | 0 | - |
| 800 GRAND CONCOURSE | D4 | 254 | 1955 | 191 | $270k |
| 1169 RIVER AVENUE | RM | 245 | 2020 | 0 | - |
| 121 EAST 144 STREET | D7 | 206 | 2021 | 0 | - |
| 280 EAST 161 STREET | D1 | 204 | 1980 | 2 | - |