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The Bronx / Morrisania / 10451

406 EAST 161 STREET

Recorded on the Digital Tax Map as PARKVIEW COMMONS II CONDOMINIUM.

Boro2
Block2382
Lot7502
BBL2023827502
Class RM
Residential units
88
Units in total
89
Storeys
9
Year built
2006
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

PERMITTED, NOT BUILTLOT 21,582 SQ FT9
Drawn from PLUTO: 9 storeys, 83,351 sq ft of building on 21,582 sq ft of lot, an average floor plate covering 43% of it. The dashed outline is the difference between the floor area ratio already built (3.86) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
21,582 sq ft
Building area
83,351 sq ft
Residential area
76,984 sq ft
Commercial area
6,367 sq ft
Office area
-
Retail area
6,367 sq ft
Buildings on the lot
1
Built floor area ratio
3.86
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$121,500
Assessed total value
$3,874,500
Exempt value
$3,547,919
Assessed per residential unit
$44,028

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
RM
Neighbourhood
Morrisania
ZIP code
10451
Community district
The Bronx 3
Council district
17
Coordinates
40.82368, -73.913364

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Morrisania

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1020 TRINITY AVENUED354619570-
443 EAST 162ND STREETRM30420170-
361 EAST 161 STREETD725520090-
1010 WASHINGTON AVENUERM21820230-
383 EAST 162 STREETD921720120-
432 EAST 162 STREETRM19920160-
3250 3 AVENUED618519821-
453 EAST 166TH STREETD716320250-
1074 WASHINGTON AVENUED715420200-
1191 BOSTON ROADD115320150-
1332 CLINTON AVENUED115020220-
3401 3RD AVENUED114820200-

Every building on file in Morrisania