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The Bronx / Tremont / 10460

1950 PROSPECT AVENUE

Boro2
Block2956
Lot5
BBL2029560005
Class D9
Residential units
74
Units in total
80
Storeys
5
Year built
1912
Last alteration on file
2016
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 11,120 SQ FT5
Drawn from PLUTO: 5 storeys, 44,852 sq ft of building on 11,120 sq ft of lot, an average floor plate covering 81% 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
11,120 sq ft
Building area
44,852 sq ft
Residential area
39,452 sq ft
Commercial area
5,400 sq ft
Office area
-
Retail area
5,400 sq ft
Buildings on the lot
2
Built floor area ratio
4.03
Residential FAR permitted
4
Zoning district
C4-4A
03

Assessment

Assessed land value
$90,900
Assessed total value
$3,084,750
Exempt value
$2,776,275
Assessed per residential unit
$41,686

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
Tremont
ZIP code
10460
Community district
The Bronx 6
Council district
15
Coordinates
40.844053, -73.888941
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