apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

The Bronx / Concourse-Concourse Village / 10452

1111 GERARD AVENUE

Boro2
Block2487
Lot42
BBL2024870042
Class D3
Residential units
122
Units in total
122
Storeys
6
Year built
1991
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
14 Apr 2010$8,600,000-APARTMENT BUILDINGDEED
26 Jan 2007$3,970,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20101$8,600,000--
20071$3,970,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 26,198 SQ FT6
Drawn from PLUTO: 6 storeys, 99,723 sq ft of building on 26,198 sq ft of lot, an average floor plate covering 63% of it. The dashed outline is the difference between the floor area ratio already built (3.81) 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
26,198 sq ft
Building area
99,723 sq ft
Residential area
99,723 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.81
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$176,850
Assessed total value
$2,027,700
Exempt value
$0
Assessed per residential unit
$16,620

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Concourse-Concourse Village
ZIP code
10452
Community district
The Bronx 4
Council district
16
Coordinates
40.833658, -73.921731
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