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The Bronx / Mount Hope / 10453

2042 MORRIS AVENUE

Boro2
Block2807
Lot56
BBL2028070056
Class C7
Residential units
31
Units in total
36
Storeys
5
Year built
1919
Last alteration on file
1990
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
23 Feb 2018$371,996-APARTMENT BUILDINGDEED
23 Feb 2018$522,648-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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

PERMITTED, NOT BUILTLOT 7,330 SQ FT5
Drawn from PLUTO: 5 storeys, 32,400 sq ft of building on 7,330 sq ft of lot, an average floor plate covering 88% of it. The dashed outline is the difference between the floor area ratio already built (4.42) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,330 sq ft
Building area
32,400 sq ft
Residential area
25,920 sq ft
Commercial area
6,480 sq ft
Office area
-
Retail area
6,480 sq ft
Buildings on the lot
1
Built floor area ratio
4.42
Residential FAR permitted
6.02
Zoning district
C4-4D
03

Assessment

Assessed land value
$82,350
Assessed total value
$712,350
Exempt value
$633,992
Assessed per residential unit
$22,979

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Mount Hope
ZIP code
10453
Community district
The Bronx 5
Council district
14
Coordinates
40.852875, -73.905511
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