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The Bronx / Crotona Park East / 10460

1560 BOONE AVE

Recorded on the Digital Tax Map as COMPASS III CONDOMINIUM.

Boro2
Block3014
Lot7502
BBL2030147502
Class RM
Residential units
365
Units in total
366
Storeys
15
Year built
2018
Last alteration on file
2017
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 59,320 SQ FT15
Drawn from PLUTO: 15 storeys, 264,194 sq ft of building on 59,320 sq ft of lot, an average floor plate covering 30% of it. The dashed outline is the difference between the floor area ratio already built (4.45) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
59,320 sq ft
Building area
264,194 sq ft
Residential area
260,338 sq ft
Commercial area
3,856 sq ft
Office area
-
Retail area
3,856 sq ft
Buildings on the lot
1
Built floor area ratio
4.45
Residential FAR permitted
6.02
Zoning district
R8X
03

Assessment

Assessed land value
$1,400,400
Assessed total value
$23,516,550
Exempt value
$23,192,354
Assessed per residential unit
$64,429

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
RM
Neighbourhood
Crotona Park East
ZIP code
10460
Community district
The Bronx 3
Council district
17
Coordinates
40.833607, -73.884159

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Crotona Park East

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1544 BOONE AVENUERM16420160-
1560 BOONE AVENUED716420150-
1330 INTERVALE AVENUED712820061-
1211 SOUTHERN BOULEVARDD712320061-
1334 LOUIS NINE BOULEVARDRM12320081-
1029 FREEMAN STREETD912119310-
1812 VYSE AVENUED712120180-
1490 SOUTHERN BOULEVARDD711520190-
1315 WEST FARMS ROADC110919270-
1314 WEST FARMS ROADD910719310-
850 JENNINGS STREETD710320090-
1011 FREEMAN STREETD710219310-

Every building on file in Crotona Park East