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

1889 SEDGWICK AVENUE

Boro2
Block2881
Lot58
BBL2028810058
Class D3
Residential units
103
Units in total
103
Storeys
15
Year built
1967
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
11 Dec 2006$6,166,884-APARTMENT BUILDINGRPTT&RET
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02

The building on the lot

Section through the lot

LOT 39,000 SQ FT15
Drawn from PLUTO: 15 storeys, 139,235 sq ft of building on 39,000 sq ft of lot, an average floor plate covering 24% of it. PLUTO records 2 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
39,000 sq ft
Building area
139,235 sq ft
Residential area
130,950 sq ft
Commercial area
8,285 sq ft
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.57
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$877,500
Assessed total value
$2,173,500
Exempt value
$0
Assessed per residential unit
$21,102

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
University Heights (South)-Morris Heights
ZIP code
10453
Community district
The Bronx 5
Council district
16
Coordinates
40.854444, -73.917864
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