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The Bronx / Fordham Heights / 10468

2323 CRESTON AVENUE

Boro2
Block3172
Lot28
BBL2031720028
Class C1
Residential units
37
Units in total
37
Storeys
5
Year built
1923
Last alteration on file
-
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 May 2013$2,230,000-APARTMENT BUILDINGRPTT&RET
16 Apr 2012$1,000-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
20131$2,230,000--
20121$1,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,875 SQ FT5
Drawn from PLUTO: 5 storeys, 27,200 sq ft of building on 7,875 sq ft of lot, an average floor plate covering 69% of it. The dashed outline is the difference between the floor area ratio already built (3.45) 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
7,875 sq ft
Building area
27,200 sq ft
Residential area
27,200 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.45
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$31,950
Assessed total value
$564,750
Exempt value
$564,750
Assessed per residential unit
$15,264

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Fordham Heights
ZIP code
10468
Community district
The Bronx 5
Council district
14
Coordinates
40.858698, -73.900709
05

Other buildings in Fordham Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2244 TIEBOUT AVENUED731219310-
355 EAST 187 STREETC713619273-
2332 TIEBOUT AVENUED112419650-
333 EAST 181 STREETD112019721-
2421 WEBSTER AVENUED710519283-
2264 MORRIS AVENUERR9420160-
WALTON AVENUED19420221-
2435 CRESTON AVENUED18519271-
2100 TIEBOUT AVENUED18419712-
2405 MARION AVENUED18319280-
2444 TIEBOUT AVENUED18320240-
2200 CRESTON AVENUED17719281-

Every building on file in Fordham Heights