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The Bronx / Concourse-Concourse Village / 10456

1225 SHERMAN AVENUE

Boro2
Block2453
Lot22
BBL2024530022
Class D1
Residential units
37
Units in total
37
Storeys
6
Year built
1937
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
28 Sep 2016$5,500,000-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 7,554 SQ FT6
Drawn from PLUTO: 6 storeys, 34,970 sq ft of building on 7,554 sq ft of lot, an average floor plate covering 77% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,554 sq ft
Building area
34,970 sq ft
Residential area
34,970 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.63
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$30,150
Assessed total value
$937,800
Exempt value
$0
Assessed per residential unit
$25,346

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Concourse-Concourse Village
ZIP code
10456
Community district
The Bronx 4
Council district
16
Coordinates
40.834458, -73.915764
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