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The Bronx / Belmont / 10458

2405 SOUTHERN BOULEVARD

Boro2
Block3115
Lot5
BBL2031150005
Class D1
Residential units
142
Units in total
142
Storeys
17
Year built
1970
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
21 Jan 2022$86,026,279-APARTMENT BUILDINGRPTT&RET
21 Jan 2022$8,973,721-APARTMENT BUILDINGRPTT&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 27,469 SQ FT17
Drawn from PLUTO: 17 storeys, 125,075 sq ft of building on 27,469 sq ft of lot, an average floor plate covering 27% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
27,469 sq ft
Building area
125,075 sq ft
Residential area
125,075 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.55
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$617,850
Assessed total value
$4,991,400
Exempt value
$4,991,400
Assessed per residential unit
$35,151

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
Belmont
ZIP code
10458
Community district
The Bronx 6
Council district
15
Coordinates
40.85385, -73.882046
05

Other buildings in Belmont

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
769 GROTE STREETD124919732-
2856 WEBSTER AVENUERM18820210-
4511 THIRD AVENUERM18120170-
2410 WASHINGTON AVENUED117019674-
711 GARDEN STREETD716619711-
2271 WASHINGTON AVENUED111820080-
2260 CROTONA AVENUED710819721-
780 EAST 185 STREETD79619920-
2327 SOUTHERN BOULEVARDD19520030-
535 EAST 182 STREETD19119910-
2481 CROTONA AVENUERM9020220-
4607 PARK AVENUED79020160-

Every building on file in Belmont