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The Bronx / Mount Hope / 10457

243 ECHO PLACE

Boro2
Block2810
Lot37
BBL2028100037
Class D3
Residential units
119
Units in total
119
Storeys
9
Year built
1994
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 20,000 SQ FT9
Drawn from PLUTO: 9 storeys, 96,075 sq ft of building on 20,000 sq ft of lot, an average floor plate covering 53% of it. The dashed outline is the difference between the floor area ratio already built (4.8) 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
20,000 sq ft
Building area
96,075 sq ft
Residential area
96,075 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.8
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$314,550
Assessed total value
$2,079,900
Exempt value
$2,079,900
Assessed per residential unit
$17,478

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Mount Hope
ZIP code
10457
Community district
The Bronx 5
Council district
15
Coordinates
40.849756, -73.903748
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