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The Bronx / Morrisania / 10456

488 EAST 164 STREET

Recorded on the Digital Tax Map as TAINO PLAZA.

Boro2
Block2368
Lot7501
BBL2023687501
Class RM
Residential units
105
Units in total
106
Storeys
7
Year built
2003
Last alteration on file
-
Recorded transfers
1 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
28 May 2008$1RESSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 34,238 SQ FT7
Drawn from PLUTO: 7 storeys, 95,567 sq ft of building on 34,238 sq ft of lot, an average floor plate covering 40% of it. The dashed outline is the difference between the floor area ratio already built (2.79) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
34,238 sq ft
Building area
95,567 sq ft
Residential area
72,944 sq ft
Commercial area
22,623 sq ft
Office area
-
Retail area
22,623 sq ft
Buildings on the lot
1
Built floor area ratio
2.79
Residential FAR permitted
3.44
Zoning district
M1-1/R7-2
03

Assessment

Assessed land value
$185,400
Assessed total value
$3,742,200
Exempt value
$2,015,960
Assessed per residential unit
$35,640

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
10456
Community district
The Bronx 3
Council district
16
Coordinates
40.82542, -73.909412

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