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The Bronx / Morrisania / 10456

1363 FRANKLIN AVENUE

Boro2
Block2931
Lot73
BBL2029310073
Class D1
Residential units
67
Units in total
67
Storeys
8
Year built
2003
Last alteration on file
-
Recorded transfers
4 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
27 Aug 2024$2,000,000-APARTMENT BUILDINGRPTT&RET
27 Aug 2024$2,000,000-APARTMENT BUILDINGDEED
11 Jun 2003$480,000-APARTMENT BUILDINGDEEDO
11 Jun 2003$480,000-APARTMENT BUILDINGDEEDO
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20242$2,000,000$2,000,000$2,000,000
20032$480,000$480,000$480,000
02

The building on the lot

Section through the lot

LOT 20,802 SQ FT8
Drawn from PLUTO: 8 storeys, 56,376 sq ft of building on 20,802 sq ft of lot, an average floor plate covering 34% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
20,802 sq ft
Building area
56,376 sq ft
Residential area
54,306 sq ft
Commercial area
2,070 sq ft
Office area
2,070 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.71
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$187,200
Assessed total value
$1,389,150
Exempt value
$0
Assessed per residential unit
$20,734

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
40.83331, -73.90131
05

Other buildings in Morrisania

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1020 TRINITY AVENUED354619570-
443 EAST 162ND STREETRM30420170-
361 EAST 161 STREETD725520090-
1010 WASHINGTON AVENUERM21820230-
383 EAST 162 STREETD921720120-
432 EAST 162 STREETRM19920160-
3250 3 AVENUED618519821-
453 EAST 166TH STREETD716320250-
1074 WASHINGTON AVENUED715420200-
1191 BOSTON ROADD115320150-
1332 CLINTON AVENUED115020220-
3401 3RD AVENUED114820200-

Every building on file in Morrisania