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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 2 Jun 2023 | $140,000 | 1 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Sep 2021 | $135,000 | 28 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 14 May 2021 | $125,000 | 53 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Dec 2020 | $50,000 | 41 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Sep 2020 | $105,000 | 1 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Dec 2019 | $80,000 | 52 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Jul 2018 | $98,000 | 42 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Feb 2018 | $90,000 | 28 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Sep 2017 | $8,000 | 7 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 13 Jul 2017 | $140,000 | 26 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 May 2017 | $65,000 | 41 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 14 Dec 2016 | $90,000 | 32 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Nov 2016 | $65,000 | 29 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Jun 2015 | $80,000 | 47 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Jul 2014 | $80,000 | 31 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Dec 2013 | $45,000 | 39 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Aug 2013 | $75,000 | 32 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Apr 2010 | $50,000 | 47 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Jun 2008 | $30,000 | 39 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 6 Feb 2008 | $40,000 | 31 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
- 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
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 1 | $140,000 | - | - |
| 2021 | 2 | $130,000 | $125,000 | $135,000 |
| 2020 | 2 | $77,500 | $50,000 | $105,000 |
| 2019 | 1 | $80,000 | - | - |
| 2018 | 2 | $94,000 | $90,000 | $98,000 |
| 2017 | 3 | $65,000 | $8,000 | $140,000 |
| 2016 | 2 | $77,500 | $65,000 | $90,000 |
| 2015 | 1 | $80,000 | - | - |
| 2014 | 1 | $80,000 | - | - |
| 2013 | 2 | $60,000 | $45,000 | $75,000 |
| 2010 | 1 | $50,000 | - | - |
| 2008 | 2 | $35,000 | $30,000 | $40,000 |
The building on the lot
Section through the lot
Assessment
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.
Classification and location
Other buildings in Melrose
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 645 WESTCHESTER AVENUE | D3 | 1,007 | 1958 | 1 | - |
| 2862 PARK AVENUE | D7 | 498 | 1974 | 0 | - |
| 720 WESTCHESTER AVENUE | D3 | 488 | 1963 | 0 | - |
| 550 CAULDWELL AVENUE | D3 | 471 | 1960 | 1 | - |
| 600 BERGEN AVENUE | RM | 280 | 2018 | 0 | - |
| 526A EAST 159 STREET | R3 | 265 | 1993 | 177 | $335k |
| BROOK AVENUE | D7 | 254 | 2025 | 0 | - |
| 700 BROOK AVENUE | RM | 222 | 2010 | 89 | $285k |
| 2950 PARK AVENUE | D3 | 216 | 1983 | 1 | - |
| 556 BERGEN AVENUE | RM | 214 | 2018 | 0 | - |
| 510 EAST 156 STREET | D6 | 208 | 1978 | 1 | - |
| 655 MORRIS AVENUE | D7 | 176 | 2015 | 0 | - |