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The Bronx / Concourse-Concourse Village / 10456

1221 SHERIDAN AVENUE

Boro2
Block2457
Lot29
BBL2024570029
Class C1
Residential units
54
Units in total
54
Storeys
5
Year built
1922
Last alteration on file
-
Recorded transfers
3 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
29 Jan 2016$11,465,000-APARTMENT BUILDINGDEED
17 Dec 2013$8,325,000-APARTMENT BUILDINGDEED
6 Jul 2012$4,227,656-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20161$11,465,000--
20131$8,325,000--
20121$4,227,656--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 10,285 SQ FT5
Drawn from PLUTO: 5 storeys, 40,050 sq ft of building on 10,285 sq ft of lot, an average floor plate covering 78% of it. The dashed outline is the difference between the floor area ratio already built (3.89) 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
10,285 sq ft
Building area
40,050 sq ft
Residential area
40,050 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.89
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$50,400
Assessed total value
$960,750
Exempt value
$0
Assessed per residential unit
$17,792

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
Concourse-Concourse Village
ZIP code
10456
Community district
The Bronx 4
Council district
16
Coordinates
40.834645, -73.91649
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