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The Bronx / Mount Hope / 10457

1937 WEBSTER AVENUE

Boro2
Block3142
Lot200
BBL2031420200
Class D1
Residential units
99
Units in total
99
Storeys
19
Year built
1972
Last alteration on file
2014
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
24 Dec 2019$17,320,000-APARTMENT BUILDINGRPTT&RET
26 Jun 2014$43,000,000-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
20191$17,320,000--
20141$43,000,000--
02

The building on the lot

Section through the lot

LOT 22,275 SQ FT19
Drawn from PLUTO: 19 storeys, 199,500 sq ft of building on 22,275 sq ft of lot, an average floor plate covering 47% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
22,275 sq ft
Building area
199,500 sq ft
Residential area
199,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
8.96
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$200,700
Assessed total value
$6,915,600
Exempt value
$6,915,600
Assessed per residential unit
$69,855

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Mount Hope
ZIP code
10457
Community district
The Bronx 5
Council district
15
Coordinates
40.848938, -73.900629
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