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The Bronx / Melrose / 10455

565 PROSPECT AVENUE

Boro2
Block2674
Lot12
BBL2026740012
Class C7
Residential units
38
Units in total
40
Storeys
6
Year built
1923
Last alteration on file
1989
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

LOT 7,250 SQ FT6
Drawn from PLUTO: 6 storeys, 31,420 sq ft of building on 7,250 sq ft of lot, an average floor plate covering 72% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,250 sq ft
Building area
31,420 sq ft
Residential area
29,520 sq ft
Commercial area
1,900 sq ft
Office area
400 sq ft
Retail area
1,500 sq ft
Buildings on the lot
1
Built floor area ratio
4.33
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$36,450
Assessed total value
$860,850
Exempt value
$0
Assessed per residential unit
$22,654

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
C7WALK-UP APT. OVER SIX FAMILIES WITH STORES
Neighbourhood
Melrose
ZIP code
10455
Community district
The Bronx 1
Council district
8
Coordinates
40.812714, -73.904668
05

Other buildings in Melrose

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
645 WESTCHESTER AVENUED31,00719581-
2862 PARK AVENUED749819740-
720 WESTCHESTER AVENUED348819630-
550 CAULDWELL AVENUED347119601-
600 BERGEN AVENUERM28020180-
526A EAST 159 STREETR32651993177$335k
BROOK AVENUED725420250-
700 BROOK AVENUERM222201089$285k
2950 PARK AVENUED321619831-
556 BERGEN AVENUERM21420180-
510 EAST 156 STREETD620819781-
655 MORRIS AVENUED717620150-

Every building on file in Melrose