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The Bronx / Kingsbridge Heights-Van Cortlandt Village / 10468

116 WEST 197 STREET

Boro2
Block3249
Lot88
BBL2032490088
Class C1
Residential units
37
Units in total
37
Storeys
5
Year built
1926
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
25 May 2006$2,350,000-APARTMENT BUILDINGDEEDO
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.
02

The building on the lot

Section through the lot

LOT 7,500 SQ FT5
Drawn from PLUTO: 5 storeys, 33,750 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
33,750 sq ft
Residential area
33,750 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.5
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$67,500
Assessed total value
$792,900
Exempt value
$0
Assessed per residential unit
$21,430

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Kingsbridge Heights-Van Cortlandt Village
ZIP code
10468
Community district
The Bronx 8
Council district
14
Coordinates
40.871902, -73.89981
05

Other buildings in Kingsbridge Heights-Van Cortlandt Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3320 BAILEY AVENUED334419750-
3965 SEDGWICK AVENUED43141968155$100
120 GALE PLACED42821949178$100
80 GOUVERNEUR AVENUED42071930128$100
3900 BAILEY AVENUED418819630-
2685 UNIVERSITY AVENUED718019260-
3400 FT INDEPENDENCE STD417119650-
3840 CANNON PLACED4170195893$100
3980 ORLOFF AVENUED4151195082$100
92 VAN CORTLANDT PARK SD4145194989$100
114 WEST 238 STREETD113919280-
3960 SEDGWICK AVENUED4139195072$100

Every building on file in Kingsbridge Heights-Van Cortlandt Village