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The Bronx / Westchester Square / 10461

2511 WESTCHESTER AVENUE

Boro2
Block3980
Lot1
BBL2039800001
Class D7
Residential units
58
Units in total
63
Storeys
6
Year built
2007
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
15 Jul 2009$19,197,735-APARTMENT BUILDINGRPTT
15 Jul 2009$163,371,467-APARTMENT BUILDINGRPTT
15 Jul 2009$55,483,869-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 21,650 SQ FT6
Drawn from PLUTO: 6 storeys, 74,021 sq ft of building on 21,650 sq ft of lot, an average floor plate covering 57% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
21,650 sq ft
Building area
74,021 sq ft
Residential area
71,021 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
3.42
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$292,500
Assessed total value
$1,524,150
Exempt value
$1,342,330
Assessed per residential unit
$26,278

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Westchester Square
ZIP code
10461
Community district
The Bronx 10
Council district
18
Coordinates
40.838987, -73.844548
05

Other buildings in Westchester Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2501 TRATMAN AVENUEC721319280-
2125 GLEBE AVENUED113219670-
2121 GLEBE AVENUED711120240-
1776 CASTLE HILL AVENUED18519361-
1424 PARKER STREETD18420060-
2502 TRATMAN AVENUEC77219270-
2512 FRISBY AVENUEC17119260-
1560 SILVER STREETC76919270-
2500 FRISBY AVENUEC76919290-
1451 OVERING STREETC16219221-
2510 TRATMAN AVENUEC16219281-
1400 BENSON STREETD66119281-

Every building on file in Westchester Square