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The Bronx / Highbridge / 10452

1314 MERRIAM AVENUE

Boro2
Block2531
Lot5
BBL2025310005
Class D1
Residential units
98
Units in total
98
Storeys
7
Year built
2001
Last alteration on file
2003
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
1 Sep 2017$4,060,460-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 24,214 SQ FT7
Drawn from PLUTO: 7 storeys, 96,073 sq ft of building on 24,214 sq ft of lot, an average floor plate covering 57% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
24,214 sq ft
Building area
96,073 sq ft
Residential area
96,073 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.97
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$163,350
Assessed total value
$1,818,450
Exempt value
$699,480
Assessed per residential unit
$18,556

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
Highbridge
ZIP code
10452
Community district
The Bronx 4
Council district
16
Coordinates
40.840769, -73.925752
05

Other buildings in Highbridge

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1387 UNIVERSITY AVENUED142220250-
1131 OGDEN AVENUED140019471-
105 WEST 168 STREETD728319312-
1000 ANDERSON AVENUED121119312-
1038 ANDERSON AVENUEC117219260-
939 WOODYCREST AVENUED716719280-
1380 UNIVERSITY AVENUED414019671-
1434 OGDEN AVENUED713020050-
1187 ANDERSON AVENUED112919292-
900 OGDEN AVENUED112020011-
1177 ANDERSON AVENUED4119192982$99k
1314 NELSON AVENUED111520020-

Every building on file in Highbridge