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The Bronx / Morris Park / 10461

1540 PELHAM PARKWAY SOUTH

Boro2
Block4222
Lot28
BBL2042220028
Class D1
Residential units
61
Units in total
61
Storeys
6
Year built
1953
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
31 Jan 2014$10,500,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 21,575 SQ FT6
Drawn from PLUTO: 6 storeys, 91,705 sq ft of building on 21,575 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
21,575 sq ft
Building area
91,705 sq ft
Residential area
83,630 sq ft
Commercial area
8,075 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.25
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$242,550
Assessed total value
$2,590,200
Exempt value
$0
Assessed per residential unit
$42,462

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
Morris Park
ZIP code
10461
Community district
The Bronx 11
Council district
13
Coordinates
40.856615, -73.842012
05

Other buildings in Morris Park

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1560 PELHAM PARKWAY SOUTHD135419600-
1579 RHINELANDER AVENUED313019610-
1680 PELHAM PARKWAY SOUTHD712920160-
1541 WILLIAMSBRIDGE ROADD312519281-
2121 PAULDING AVENUED412119649$135k
1545 RHINELANDER AVENUED110619620-
900 LYDIG AVENUED49219592-
1575 WILLIAMSBRIDGE ROADD17619620-
1055 ESPLANADED17519470-
1005 ESPLANADED17419550-
2100 EASTCHESTER ROADD17019630-
2130 WILLIAMSBRIDGE ROADD76819630-

Every building on file in Morris Park