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The Bronx / Mount Hope / 10457

1872 MONROE AVENUE

Boro2
Block2804
Lot1
BBL2028040001
Class C7
Residential units
44
Units in total
46
Storeys
5
Year built
1924
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
2 Oct 2013$3,900,000-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

PERMITTED, NOT BUILTLOT 10,000 SQ FT5
Drawn from PLUTO: 5 storeys, 41,500 sq ft of building on 10,000 sq ft of lot, an average floor plate covering 83% of it. The dashed outline is the difference between the floor area ratio already built (4.15) 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
10,000 sq ft
Building area
41,500 sq ft
Residential area
40,600 sq ft
Commercial area
900 sq ft
Office area
-
Retail area
900 sq ft
Buildings on the lot
1
Built floor area ratio
4.15
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$90,000
Assessed total value
$880,200
Exempt value
$0
Assessed per residential unit
$20,005

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Mount Hope
ZIP code
10457
Community district
The Bronx 5
Council district
15
Coordinates
40.848544, -73.905705
05

Other buildings in Mount Hope

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2000 VALENTINE AVENUED735319731-
1749 GRAND CONCOURSED727819243-
4215 PARK AVENUERM25520161-
4275 PARK AVENUED124820150-
230 EAST 179 STREETD321519720-
1760 JEROME AVENUED117520250-
1973 WEBSTER AVENUED117120160-
1777 GRAND CONCOURSED617019484-
1850 JEROME AVENUERM16420200-
334 EAST 176 STREETD115420220-
2047 RYER AVED113120240-
1824 ANTHONY AVENUED712820230-

Every building on file in Mount Hope