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The Bronx / Morrisania / 10456

1208 FRANKLIN AVENUE

Boro2
Block2614
Lot19
BBL2026140019
Class D7
Residential units
44
Units in total
47
Storeys
5
Year built
2006
Last alteration on file
2014
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 Aug 2015$7,750,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 15,299 SQ FT5
Drawn from PLUTO: 5 storeys, 68,300 sq ft of building on 15,299 sq ft of lot, an average floor plate covering 89% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,299 sq ft
Building area
68,300 sq ft
Residential area
53,375 sq ft
Commercial area
14,925 sq ft
Office area
-
Retail area
1,100 sq ft
Buildings on the lot
1
Built floor area ratio
4.46
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$137,700
Assessed total value
$2,287,800
Exempt value
$1,964,019
Assessed per residential unit
$51,995

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Morrisania
ZIP code
10456
Community district
The Bronx 3
Council district
17
Coordinates
40.829985, -73.90344
05

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Every building on file in Morrisania