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The Bronx / Melrose / 10451

340 EAST 151 STREET

Boro2
Block2410
Lot40
BBL2024100040
Class C7
Residential units
31
Units in total
34
Storeys
5
Year built
1911
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.

RecordedConsiderationUnitWhat transferredInstrument
2 Aug 2005$3,100,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 5,920 SQ FT5
Drawn from PLUTO: 5 storeys, 23,115 sq ft of building on 5,920 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,920 sq ft
Building area
23,115 sq ft
Residential area
21,515 sq ft
Commercial area
1,600 sq ft
Office area
-
Retail area
1,600 sq ft
Buildings on the lot
1
Built floor area ratio
3.9
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$24,300
Assessed total value
$756,900
Exempt value
$0
Assessed per residential unit
$24,416

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Melrose
ZIP code
10451
Community district
The Bronx 1
Council district
17
Coordinates
40.817893, -73.919235
05

Other buildings in Melrose

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
645 WESTCHESTER AVENUED31,00719581-
2862 PARK AVENUED749819740-
720 WESTCHESTER AVENUED348819630-
550 CAULDWELL AVENUED347119601-
600 BERGEN AVENUERM28020180-
526A EAST 159 STREETR32651993177$335k
BROOK AVENUED725420250-
700 BROOK AVENUERM222201089$285k
2950 PARK AVENUED321619831-
556 BERGEN AVENUERM21420180-
510 EAST 156 STREETD620819781-
655 MORRIS AVENUED717620150-

Every building on file in Melrose