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The Bronx / University Heights (South)-Morris Heights / 10453

51 BUCHANAN PLACE

Boro2
Block3208
Lot48
BBL2032080048
Class D1
Residential units
37
Units in total
37
Storeys
6
Year built
1935
Last alteration on file
-
Recorded transfers
3 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
18 Apr 2016$6,650,000-APARTMENT BUILDINGDEED
20 Mar 2015$4,600,000-APARTMENT BUILDINGDEED
23 Apr 2007$3,250,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20161$6,650,000--
20151$4,600,000--
20071$3,250,000--
02

The building on the lot

Section through the lot

LOT 7,500 SQ FT6
Drawn from PLUTO: 6 storeys, 40,500 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
40,500 sq ft
Residential area
40,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.4
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$30,600
Assessed total value
$991,350
Exempt value
$0
Assessed per residential unit
$26,793

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
University Heights (South)-Morris Heights
ZIP code
10453
Community district
The Bronx 5
Council district
14
Coordinates
40.858604, -73.906269
05

Other buildings in University Heights (South)-Morris Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1531 UNIVERSITY AVENUED35,50219500-
1600 SEDGWICK AVENUED776619726-
GRAND AVENUED132620220-
243 WEST 179 STREETD125519260-
1750 SEDGWICK AVENUED322719740-
1981 SEDGWICK AVENUED122519520-
1769 JEROME AVENUERM17520200-
29 FEATHERBED LANED116020220-
1590 UNDERCLIFF AVENUED915019630-
228 WEST TREMONT AVENUED114819730-
1849 SEDGWICK AVENUED314719630-
1535 UNDERCLIFF AVENUED114619300-

Every building on file in University Heights (South)-Morris Heights