The Bronx / University Heights (South)-Morris Heights / 10453

1531 UNIVERSITY AVENUE

Boro2

Block2877

Lot1

BBL2028770001

Class D3

Residential units

5,502

Units in total

5,502

Storeys

Year built

1950

Last alteration on file

2001

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 14 storeys, 665,000 sq ft of building on 319,008 sq ft of lot, an average floor plate covering 15% of it. PLUTO records 7 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.08) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.

Lot area

319,008 sq ft

Building area

665,000 sq ft

Residential area

665,000 sq ft

Commercial area

Office area

Retail area

Buildings on the lot

Built floor area ratio

2.08

Residential FAR permitted

3.44

Zoning district

R7-1

Assessment

Assessed land value

$957,600

Assessed total value

$20,680,200

Exempt value

$20,680,200

Assessed per residential unit

$3,759

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.

Classification and location

Building class

D3ELEVATOR APT; FIREPROOF WITHOUT STORES

Neighbourhood

University Heights (South)-Morris Heights

ZIP code

10453

Community district

The Bronx 5

Council district

Coordinates

40.846602, -73.922529

Other buildings in University Heights (South)-Morris Heights

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
1600 SEDGWICK AVENUE	D7	766	1972	6	-
GRAND AVENUE	D1	326	2022	0	-
243 WEST 179 STREET	D1	255	1926	0	-
1750 SEDGWICK AVENUE	D3	227	1974	0	-
1981 SEDGWICK AVENUE	D1	225	1952	0	-
1769 JEROME AVENUE	RM	175	2020	0	-
29 FEATHERBED LANE	D1	160	2022	0	-
1590 UNDERCLIFF AVENUE	D9	150	1963	0	-
228 WEST TREMONT AVENUE	D1	148	1973	0	-
1849 SEDGWICK AVENUE	D3	147	1963	0	-
1535 UNDERCLIFF AVENUE	D1	146	1930	0	-
1655 UNDERCLIFF AVENUE	D3	125	1967	1	-

Every building on file in University Heights (South)-Morris Heights