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

1861 SEDGWICK AVENUE

Boro2
Block2881
Lot75
BBL2028810075
Class C1
Residential units
46
Units in total
46
Storeys
3
Year built
1941
Last alteration on file
1996
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
19 Jul 2006$3,650,000-APARTMENT BUILDINGDEED
7 Jan 2003$2,575,000-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20061$3,650,000--
20031$2,575,000--
02

The building on the lot

Section through the lot

LOT 29,547 SQ FT3
Drawn from PLUTO: 3 storeys, 63,450 sq ft of building on 29,547 sq ft of lot, an average floor plate covering 72% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
29,547 sq ft
Building area
63,450 sq ft
Residential area
-
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.15
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$664,650
Assessed total value
$1,061,550
Exempt value
$0
Assessed per residential unit
$23,077

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
University Heights (South)-Morris Heights
ZIP code
10453
Community district
The Bronx 5
Council district
16
Coordinates
40.853958, -73.918024
05

Other buildings in University Heights (South)-Morris Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1531 UNIVERSITY AVENUED35,50219500-
1600 SEDGWICK AVENUED776619726-
GRAND AVENUED132620220-
243 WEST 179 STREETD125519260-
1750 SEDGWICK AVENUED322719740-
1981 SEDGWICK AVENUED122519520-
1769 JEROME AVENUERM17520200-
29 FEATHERBED LANED116020220-
1590 UNDERCLIFF AVENUED915019630-
228 WEST TREMONT AVENUED114819730-
1849 SEDGWICK AVENUED314719630-
1535 UNDERCLIFF AVENUED114619300-

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