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The Bronx / Concourse-Concourse Village / 10451

181 EAST 161 STREET

Boro2
Block2460
Lot30
BBL2024600030
Class D7
Residential units
53
Units in total
58
Storeys
6
Year built
1949
Last alteration on file
1997
Recorded transfers
2 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
21 Feb 2019$11,600,000-APARTMENT BUILDINGDEED
1 May 2014$6,600,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20191$11,600,000--
20141$6,600,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 11,634 SQ FT6
Drawn from PLUTO: 6 storeys, 53,000 sq ft of building on 11,634 sq ft of lot, an average floor plate covering 76% of it. The dashed outline is the difference between the floor area ratio already built (4.56) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
11,634 sq ft
Building area
53,000 sq ft
Residential area
50,000 sq ft
Commercial area
3,000 sq ft
Office area
3,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.56
Residential FAR permitted
10
Zoning district
C4-6
03

Assessment

Assessed land value
$80,100
Assessed total value
$1,070,550
Exempt value
$510,334
Assessed per residential unit
$20,199

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Concourse-Concourse Village
ZIP code
10451
Community district
The Bronx 4
Council district
16
Coordinates
40.826889, -73.92158
05

Other buildings in Concourse-Concourse Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
773 CONCOURSE VILLAGE ED493619640-
355 EXTERIOR STREETD771020250-
1020 GRAND CONCOURSED44531963375$300k
120 EAST 144 STREETD145220240-
900 GRAND CONCOURSED729819230-
261 GRAND CONCOURSED128320240-
425 GRAND CONCOURSERM27720200-
741 CONCOURSE VILLAGE WESTRM26520180-
800 GRAND CONCOURSED42541955191$270k
1169 RIVER AVENUERM24520200-
121 EAST 144 STREETD720620210-
280 EAST 161 STREETD120419802-

Every building on file in Concourse-Concourse Village