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The Bronx / Melrose / 10451

374 EAST 159 STREET

Boro2
Block2405
Lot14
BBL2024050014
Class C1
Residential units
25
Units in total
25
Storeys
6
Year built
1906
Last alteration on file
2007
Recorded transfers
2 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
29 Jan 2008$10,687,022-APARTMENT BUILDINGDEED
14 Dec 2004$8-APARTMENT BUILDINGDEEDO
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20081$10,687,022--
20041$8--
02

The building on the lot

Section through the lot

LOT 4,985 SQ FT6
Drawn from PLUTO: 6 storeys, 20,052 sq ft of building on 4,985 sq ft of lot, an average floor plate covering 67% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,985 sq ft
Building area
20,052 sq ft
Residential area
20,052 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.02
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$20,250
Assessed total value
$554,850
Exempt value
$534,600
Assessed per residential unit
$22,194

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Melrose
ZIP code
10451
Community district
The Bronx 1
Council district
17
Coordinates
40.822996, -73.91541
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