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The Bronx / Claremont Village-Claremont (East) / 10457

425 CLAREMONT PARKWAY

Boro2
Block2897
Lot127
BBL2028970127
Class D1
Residential units
46
Units in total
46
Storeys
6
Year built
2005
Last alteration on file
-
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
2 Oct 2020$5,000,000-APARTMENT BUILDINGDEED
25 Aug 2017$1,281,872-APARTMENT BUILDINGRPTT&RET
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
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
20201$5,000,000--
20171$1,281,872--
02

The building on the lot

Section through the lot

LOT 12,598 SQ FT6
Drawn from PLUTO: 6 storeys, 56,700 sq ft of building on 12,598 sq ft of lot, an average floor plate covering 75% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,598 sq ft
Building area
56,700 sq ft
Residential area
56,700 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.5
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$170,100
Assessed total value
$904,050
Exempt value
$904,050
Assessed per residential unit
$19,653

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Claremont Village-Claremont (East)
ZIP code
10457
Community district
The Bronx 3
Council district
15
Coordinates
40.839708, -73.90434
05

Other buildings in Claremont Village-Claremont (East)

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
530 EAST 169 STREETD632119655-
3960 3 AVENUERM28020080-
3462 3 AVENUERM22820090-
3500 PARK AVENUED911520180-
3463 3 AVENUED711420050-
3475 THIRD AVENUERM10220170-
1625 FULTON AVENUEC710119271-
1240 WASHINGTON AVENUED110020033-
1399 FULTON AVENUED19820080-
550 EAST 170 STREETD19820080-
1385 FULTON AVENUED98519980-
544 CLAREMONT PARKWAYC97419860-

Every building on file in Claremont Village-Claremont (East)