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The Bronx / Morrisania / 10456

1325 FRANKLIN AVENUE

Boro2
Block2931
Lot86
BBL2029310086
Class D1
Residential units
116
Units in total
116
Storeys
7
Year built
1986
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 41,600 SQ FT7
Drawn from PLUTO: 7 storeys, 89,110 sq ft of building on 41,600 sq ft of lot, an average floor plate covering 31% of it. The dashed outline is the difference between the floor area ratio already built (2.14) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
41,600 sq ft
Building area
89,110 sq ft
Residential area
89,110 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.14
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$112,500
Assessed total value
$2,146,500
Exempt value
$2,146,500
Assessed per residential unit
$18,504

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
Morrisania
ZIP code
10456
Community district
The Bronx 3
Council district
16
Coordinates
40.832413, -73.901912
05

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Every building on file in Morrisania