Residential units
61
Units in total
64
Storeys
7
Year built
2000
Last alteration on file
-
Recorded transfers
1 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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 20 Dec 2022 | $12,124,500 | - | APARTMENT BUILDING | RPTT&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 area
25,045 sq ft
Building area
73,555 sq ft
Residential area
66,155 sq ft
Commercial area
7,400 sq ft
Office area
6,050 sq ft
Retail area
1,350 sq ft
Buildings on the lot
1
Built floor area ratio
2.94
Residential FAR permitted
6.02
Zoning district
R8
03
Assessment
Assessed land value
$169,200
Assessed total value
$1,753,650
Exempt value
$1,332,774
Assessed per residential unit
$28,748
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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Melrose
ZIP code
10451
Community district
The Bronx 1
Council district
17
Coordinates
40.821876, -73.91234
05
Other buildings in Melrose
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 645 WESTCHESTER AVENUE | D3 | 1,007 | 1958 | 1 | - |
| 2862 PARK AVENUE | D7 | 498 | 1974 | 0 | - |
| 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 | - |