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The Bronx / Melrose / 10455

497 EAST 156 STREET

Boro2
Block2364
Lot22
BBL2023640022
Class C1
Residential units
20
Units in total
20
Storeys
5
Year built
1924
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
29 Dec 2015$2,850,000-APARTMENT BUILDINGDEED
30 Apr 2008$1,225,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20151$2,850,000--
20081$1,225,000--
02

The building on the lot

Section through the lot

LOT 2,475 SQ FT5
Drawn from PLUTO: 5 storeys, 9,355 sq ft of building on 2,475 sq ft of lot, an average floor plate covering 76% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
2,475 sq ft
Building area
9,355 sq ft
Residential area
9,355 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.78
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$45,000
Assessed total value
$460,800
Exempt value
$0
Assessed per residential unit
$23,040

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
10455
Community district
The Bronx 1
Council district
17
Coordinates
40.820087, -73.912288
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