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The Bronx / Tremont / 10457

1898 BELMONT AVENUE

Boro2
Block2946
Lot16
BBL2029460016
Class D5
Residential units
20
Units in total
20
Storeys
5
Year built
1911
Last alteration on file
1983
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 Dec 2018$4,830,691-APARTMENT BUILDINGRPTT&RET
8 Jul 2015$3,413,333-APARTMENT BUILDINGDEED
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.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20181$4,830,691--
20151$3,413,333--
02

The building on the lot

Section through the lot

LOT 5,500 SQ FT5
Drawn from PLUTO: 5 storeys, 20,025 sq ft of building on 5,500 sq ft of lot, an average floor plate covering 73% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,500 sq ft
Building area
20,025 sq ft
Residential area
20,025 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.64
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$90,000
Assessed total value
$891,900
Exempt value
$891,900
Assessed per residential unit
$44,595

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
D5ELEVATOR APT; CONVERTED
Neighbourhood
Tremont
ZIP code
10457
Community district
The Bronx 6
Council district
15
Coordinates
40.844874, -73.892453
05

Other buildings in Tremont

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1800 CROTONA PARK NORTHD328119620-
661 EAST 181 STREETD428119590-
2064 MAPES AVENUED724019720-
735 OAKLAND PLACED722119770-
4179 3RD AVENUERM18920181-
612 EAST 179 STREETD317720190-
2115 SOUTHERN BOULEVARDD716819730-
656 EAST 176TH STREETD715320230-
730 OAKLAND PLACED115219752-
740 EAST 178 STREETD115219732-
750 EAST 179 STREETD615219752-
1883 CROTONA AVENUED113420230-

Every building on file in Tremont