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The Bronx / Morrisania / 10451

432 EAST 162 STREET

Recorded on the Digital Tax Map as ELTON CROSSING CONDOMINIUM.

Boro2
Block2383
Lot7501
BBL2023837501
Class RM
Residential units
199
Units in total
200
Storeys
12
Year built
2016
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 36,558 SQ FT12
Drawn from PLUTO: 12 storeys, 170,953 sq ft of building on 36,558 sq ft of lot, an average floor plate covering 39% of it. The dashed outline is the difference between the floor area ratio already built (4.68) 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
36,558 sq ft
Building area
170,953 sq ft
Residential area
162,342 sq ft
Commercial area
8,611 sq ft
Office area
-
Retail area
8,611 sq ft
Buildings on the lot
1
Built floor area ratio
4.68
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$949,949
Assessed total value
$11,041,199
Exempt value
$11,041,199
Assessed per residential unit
$55,483

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
40.824055, -73.912113

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-
3250 3 AVENUED618519821-
453 EAST 166TH STREETD716320250-
1074 WASHINGTON AVENUED715420200-
1191 BOSTON ROADD115320150-
1332 CLINTON AVENUED115020220-
3401 3RD AVENUED114820200-
819 EAST 161 STREETR3144199490$340k

Every building on file in Morrisania