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The Bronx / Longwood / 10455

571 SOUTHERN BOULEVARD

Boro2
Block2683
Lot41
BBL2026830041
Class C6
Residential units
39
Units in total
42
Storeys
6
Year built
1907
Last alteration on file
1991
Recorded transfers
4 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
8 Mar 2022$10,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Nov 2006$5,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jun 2004$2,5002CSINGLE RESIDENTIAL COOP UNITRPTT
10 Jun 2004$2,5005ASINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20221$10,000--
20061$5,000--
20042$2,500$2,500$2,500
02

The building on the lot

Section through the lot

LOT 6,050 SQ FT6
Drawn from PLUTO: 6 storeys, 25,926 sq ft of building on 6,050 sq ft of lot, an average floor plate covering 71% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,050 sq ft
Building area
25,926 sq ft
Residential area
23,726 sq ft
Commercial area
2,200 sq ft
Office area
-
Retail area
2,200 sq ft
Buildings on the lot
1
Built floor area ratio
4.29
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$67,950
Assessed total value
$881,100
Exempt value
$811,564
Assessed per residential unit
$22,592

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
C6WALK-UP COOPERATIVE
Neighbourhood
Longwood
ZIP code
10455
Community district
The Bronx 2
Council district
17
Coordinates
40.812828, -73.902815
05

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Every building on file in Longwood