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The Bronx / Mount Hope / 10457

225 CROSS BRONX EXPWY

Boro2
Block2796
Lot50
BBL2027960050
Class D1
Residential units
38
Units in total
38
Storeys
6
Year built
1961
Last alteration on file
-
Recorded transfers
3 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
22 Aug 2018$5,100,000-APARTMENT BUILDINGDEED
14 Aug 2011$1,088,888-APARTMENT BUILDINGDEED
12 May 2005$611,939-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20181$5,100,000--
20111$1,088,888--
20051$611,939--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 6,270 SQ FT6
Drawn from PLUTO: 6 storeys, 28,200 sq ft of building on 6,270 sq ft of lot, an average floor plate covering 75% of it. The dashed outline is the difference between the floor area ratio already built (4.5) 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
6,270 sq ft
Building area
28,200 sq ft
Residential area
28,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.5
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$56,250
Assessed total value
$860,850
Exempt value
$0
Assessed per residential unit
$22,654

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
14
Coordinates
40.845348, -73.907791
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