Residential units
498
Units in total
520
Storeys
25
Year built
1974
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
Lot area
138,600 sq ft
Building area
547,382 sq ft
Residential area
517,382 sq ft
Commercial area
30,000 sq ft
Office area
-
Retail area
30,000 sq ft
Buildings on the lot
5
Built floor area ratio
3.95
Residential FAR permitted
3.44
Zoning district
R7-2
03
Assessment
Assessed land value
$621,000
Assessed total value
$21,507,750
Exempt value
$21,507,750
Assessed per residential unit
$43,188
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
Melrose
ZIP code
10451
Community district
The Bronx 1
Council district
17
Coordinates
40.818097, -73.923722
05
Other buildings in Melrose
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 645 WESTCHESTER AVENUE | D3 | 1,007 | 1958 | 1 | - |
| 720 WESTCHESTER AVENUE | D3 | 488 | 1963 | 0 | - |
| 550 CAULDWELL AVENUE | D3 | 471 | 1960 | 1 | - |
| 600 BERGEN AVENUE | RM | 280 | 2018 | 0 | - |
| 526A EAST 159 STREET | R3 | 265 | 1993 | 177 | $335k |
| BROOK AVENUE | D7 | 254 | 2025 | 0 | - |
| 700 BROOK AVENUE | RM | 222 | 2010 | 89 | $285k |
| 2950 PARK AVENUE | D3 | 216 | 1983 | 1 | - |
| 556 BERGEN AVENUE | RM | 214 | 2018 | 0 | - |
| 510 EAST 156 STREET | D6 | 208 | 1978 | 1 | - |
| 655 MORRIS AVENUE | D7 | 176 | 2015 | 0 | - |
| 600 EAST 156TH STREET | RM | 175 | 2018 | 1 | - |