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The Bronx / Fordham Heights / 10468

2338 MORRIS AVENUE

Boro2
Block3172
Lot16
BBL2031720016
Class D1
Residential units
60
Units in total
60
Storeys
6
Year built
1926
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 Mar 2016$9,894,030-APARTMENT BUILDINGDEED
7 Aug 2009$3,760,736-APARTMENT BUILDINGRPTT&RET
25 Mar 2004$3,600,000-APARTMENT BUILDINGDEEDO
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20161$9,894,030--
20091$3,760,736--
20041$3,600,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 11,500 SQ FT6
Drawn from PLUTO: 6 storeys, 51,750 sq ft of building on 11,500 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
11,500 sq ft
Building area
51,750 sq ft
Residential area
51,750 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
$103,500
Assessed total value
$1,630,350
Exempt value
$0
Assessed per residential unit
$27,173

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
Fordham Heights
ZIP code
10468
Community district
The Bronx 5
Council district
14
Coordinates
40.859063, -73.90099
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