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The Bronx / Morrisania / 10459

1365 LYMAN PLACE

Boro2
Block2970
Lot31
BBL2029700031
Class C1
Residential units
26
Units in total
26
Storeys
5
Year built
1914
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
29 Jun 2016$4,267,840-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 5,459 SQ FT5
Drawn from PLUTO: 5 storeys, 18,920 sq ft of building on 5,459 sq ft of lot, an average floor plate covering 69% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,459 sq ft
Building area
18,920 sq ft
Residential area
18,920 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.47
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$49,050
Assessed total value
$478,350
Exempt value
$478,350
Assessed per residential unit
$18,398

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
Morrisania
ZIP code
10459
Community district
The Bronx 3
Council district
17
Coordinates
40.829595, -73.896792
05

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Every building on file in Morrisania