550 BALCOM AVENUE

Boro2

Block5564

Lot1

BBL2055640001

Class D3

Residential units

1,020

Units in total

1,020

Storeys

Year built

1952

Last alteration on file

2017

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 1,172,800 sq ft of building on 856,440 sq ft of lot, an average floor plate covering 23% of it. PLUTO records 14 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.

Lot area

856,440 sq ft

Building area

1,172,800 sq ft

Residential area

1,162,800 sq ft

Commercial area

10,000 sq ft

Office area

Retail area

Buildings on the lot

Built floor area ratio

1.37

Residential FAR permitted

Zoning district

Assessment

Assessed land value

$5,005,350

Assessed total value

$32,130,000

Exempt value

$32,130,000

Assessed per residential unit

$31,500

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

Building class

D3ELEVATOR APT; FIREPROOF WITHOUT STORES

Neighbourhood

ZIP code

10465

Community district

The Bronx 10

Council district

Coordinates

40.821923, -73.823874

Other buildings in ZIP 10465

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
2742 DEWEY AVENUE	D1	424	1952	0	-
2801 RANDALL AVENUE	D3	220	1971	0	-
3077 CROSS BRONX EXPWY	D9	143	1971	0	-
1110 STADIUM AVENUE	D4	130	1963	64	$260k
2705 SCHLEY AVENUE	D3	90	1978	0	-
2631 SCHURZ AVENUE	C9	79	1978	0	-
2700 RANDALL AVENUE	D1	70	1971	0	-
650 BUTTRICK AVENUE	D3	70	1978	0	-
1414 OUTLOOK AVENUE	RM	66	2002	123	$538k
3255 RANDALL AVENUE	D4	65	1965	11	$172k
270 LONGSTREET AVENUE	D1	63	1965	0	-
280 LONGSTREET AVENUE	D1	63	1965	0	-

Every building on file in ZIP 10465