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The Bronx / Kingsbridge Heights-Van Cortlandt Village / 10468

2875 SEDGWICK AVENUE

Boro2
Block3253
Lot255
BBL2032530255
Class D4
Residential units
85
Units in total
85
Storeys
6
Year built
1927
Last alteration on file
1972
Recorded transfers
6 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
27 Feb 2013$10,000F3SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 May 2007$131,820D10SINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jan 2007$98,481F4SINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Dec 2006$130,472F9SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Oct 2006$70,980B-12SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2006$75,000B3SINGLE RESIDENTIAL COOP UNITRPTT&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.

By year

YearTransfersMedian recordedLowestHighest
20131$10,000--
20072$115,151$98,481$131,820
20063$75,000$70,980$130,472
02

The building on the lot

Section through the lot

LOT 18,500 SQ FT6
Drawn from PLUTO: 6 storeys, 107,220 sq ft of building on 18,500 sq ft of lot, an average floor plate covering 97% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
18,500 sq ft
Building area
107,220 sq ft
Residential area
107,220 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.8
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$183,150
Assessed total value
$2,402,550
Exempt value
$0
Assessed per residential unit
$28,265

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Kingsbridge Heights-Van Cortlandt Village
ZIP code
10468
Community district
The Bronx 8
Council district
14
Coordinates
40.87461, -73.90182
05

Other buildings in Kingsbridge Heights-Van Cortlandt Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3320 BAILEY AVENUED334419750-
3965 SEDGWICK AVENUED43141968155$100
120 GALE PLACED42821949178$100
80 GOUVERNEUR AVENUED42071930128$100
3900 BAILEY AVENUED418819630-
2685 UNIVERSITY AVENUED718019260-
3400 FT INDEPENDENCE STD417119650-
3840 CANNON PLACED4170195893$100
3980 ORLOFF AVENUED4151195082$100
92 VAN CORTLANDT PARK SD4145194989$100
114 WEST 238 STREETD113919280-
3960 SEDGWICK AVENUED4139195072$100

Every building on file in Kingsbridge Heights-Van Cortlandt Village