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The Bronx / Concourse-Concourse Village / 10452

50 EAST 168 STREET

Boro2
Block2480
Lot1
BBL2024800001
Class D5
Residential units
133
Units in total
135
Storeys
10
Year built
1926
Last alteration on file
2018
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
6 Feb 2018$14,792,372-APARTMENT BUILDINGDEED
28 Dec 2017$1,358,112-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
20181$14,792,372--
20171$1,358,112--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 56,573 SQ FT10
Drawn from PLUTO: 10 storeys, 199,644 sq ft of building on 56,573 sq ft of lot, an average floor plate covering 35% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (3.53) 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
56,573 sq ft
Building area
199,644 sq ft
Residential area
169,000 sq ft
Commercial area
30,644 sq ft
Office area
28,150 sq ft
Retail area
-
Buildings on the lot
3
Built floor area ratio
3.53
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$254,700
Assessed total value
$2,757,600
Exempt value
$2,757,600
Assessed per residential unit
$20,734

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
D5ELEVATOR APT; CONVERTED
Neighbourhood
Concourse-Concourse Village
ZIP code
10452
Community district
The Bronx 4
Council district
16
Coordinates
40.836261, -73.919173
05

Other buildings in Concourse-Concourse Village

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
773 CONCOURSE VILLAGE ED493619640-
355 EXTERIOR STREETD771020250-
1020 GRAND CONCOURSED44531963375$300k
120 EAST 144 STREETD145220240-
900 GRAND CONCOURSED729819230-
261 GRAND CONCOURSED128320240-
425 GRAND CONCOURSERM27720200-
741 CONCOURSE VILLAGE WESTRM26520180-
800 GRAND CONCOURSED42541955191$270k
1169 RIVER AVENUERM24520200-
121 EAST 144 STREETD720620210-
280 EAST 161 STREETD120419802-

Every building on file in Concourse-Concourse Village