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The Bronx / 10453

16 RICHMAN PLAZA

Boro2
Block2882
Lot229
BBL2028820229
Class D6
Residential units
1,654
Units in total
1,660
Storeys
44
Year built
1973
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
13 Dec 2012$137,298,279-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 856,800 SQ FT44
Drawn from PLUTO: 44 storeys, 1,597,950 sq ft of building on 856,800 sq ft of lot, an average floor plate covering 4% of it. PLUTO records 6 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
856,800 sq ft
Building area
1,597,950 sq ft
Residential area
1,359,110 sq ft
Commercial area
238,840 sq ft
Office area
16,000 sq ft
Retail area
17,840 sq ft
Buildings on the lot
6
Built floor area ratio
1.87
Residential FAR permitted
0
Zoning district
M2-1
03

Assessment

Assessed land value
$11,566,800
Assessed total value
$69,813,000
Exempt value
$69,813,000
Assessed per residential unit
$42,209

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
-
ZIP code
10453
Community district
The Bronx 5
Council district
16
Coordinates
40.85187, -73.922649
05

Other buildings in ZIP 10453

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1531 UNIVERSITY AVENUED35,50219500-
1600 SEDGWICK AVENUED776619726-
GRAND AVENUED132620220-
1749 GRAND CONCOURSED727819243-
243 WEST 179 STREETD125519260-
1750 SEDGWICK AVENUED322719740-
1981 SEDGWICK AVENUED122519520-
1760 JEROME AVENUED117520250-
1769 JEROME AVENUERM17520200-
1777 GRAND CONCOURSED617019484-
1850 JEROME AVENUERM16420200-
29 FEATHERBED LANED116020220-

Every building on file in ZIP 10453