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The Bronx / Longwood / 10455

540 SOUTHERN BOULEVARD

Recorded on the Digital Tax Map as 540 SOUTHERN BOULEVARD CONDOMINIUM.

Boro2
Block2603
Lot7501
BBL2026037501
Class RM
Residential units
65
Units in total
69
Storeys
5
Year built
1927
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 15,634 SQ FT5
Drawn from PLUTO: 5 storeys, 20,378 sq ft of building on 15,634 sq ft of lot, an average floor plate covering 26% of it. The dashed outline is the difference between the floor area ratio already built (1.3) 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
15,634 sq ft
Building area
20,378 sq ft
Residential area
10,189 sq ft
Commercial area
10,189 sq ft
Office area
-
Retail area
10,189 sq ft
Buildings on the lot
1
Built floor area ratio
1.3
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$118,350
Assessed total value
$2,158,650
Exempt value
$1,224,568
Assessed per residential unit
$33,210

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
Longwood
ZIP code
10455
Community district
The Bronx 2
Council district
17
Coordinates
40.812038, -73.903499

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

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980 WESTCHESTER AVENUERM15120200-
820 HEWITT PLACEC914419860-
899 WESTCHESTER AVENUERM14120140-
890 PROSPECT AVENUERM12420050-
960 PROSPECT AVERR12020170-

Every building on file in Longwood