The Bronx / Castle Hill-Unionport / 10472
1988 NEWBOLD AVENUE
Boro2
Block3794
Lot34
BBL2037940034
Residential units
52
Units in total
55
Storeys
6
Year built
1929
Last alteration on file
2008
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 7 Aug 2009 | $3,760,736 | - | APARTMENT BUILDING | RPTT&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 area
11,500 sq ft
Building area
66,342 sq ft
Residential area
63,342 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
5.77
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$129,600
Assessed total value
$914,850
Exempt value
$914,850
Assessed per residential unit
$17,593
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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Castle Hill-Unionport
ZIP code
10472
Community district
The Bronx 9
Council district
18
Coordinates
40.832138, -73.858624
05
Other buildings in Castle Hill-Unionport
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 2001 STORY AVENUE | D3 | 355 | 1973 | 5 | - |
| 2010 BRUCKNER BOULEVARD | D3 | 331 | 1966 | 1 | - |
| 2245 RANDALL AVENUE | D3 | 284 | 1961 | 1 | - |
| 1017 OLMSTEAD AVENUE | D7 | 265 | 2024 | 0 | - |
| 2044 WESTCHESTER AVE | RM | 206 | 2018 | 0 | - |
| 2025 SEWARD AVENUE | D3 | 179 | 1978 | 6 | - |
| 1966 NEWBOLD AVENUE | D4 | 139 | 1967 | 73 | $165k |
| 1041 PUGSLEY AVENUE | D4 | 133 | 1963 | 0 | - |
| 2026 WESTCHESTER AVENUE | RM | 133 | 2014 | 0 | - |
| 2200 POWELL AVENUE | C7 | 126 | 1916 | 1 | - |
| 1266 OLMSTEAD AVENUE | D1 | 122 | 1928 | 1 | - |
| 2001 BRUCKNER BOULEVARD | D3 | 118 | 1964 | 0 | - |