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The Bronx / Melrose / 10451

480 COLLEGE AVENUE

Boro2
Block2329
Lot53
BBL2023290053
Class C1
Residential units
40
Units in total
40
Storeys
5
Year built
1915
Last alteration on file
1991
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

LOT 14,450 SQ FT5
Drawn from PLUTO: 5 storeys, 43,650 sq ft of building on 14,450 sq ft of lot, an average floor plate covering 60% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
14,450 sq ft
Building area
43,650 sq ft
Residential area
43,650 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.02
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$60,300
Assessed total value
$793,800
Exempt value
$793,800
Assessed per residential unit
$19,845

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
8
Coordinates
40.815685, -73.921149
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