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The Bronx / Melrose / 10455

584 UNION AVENUE

Boro2
Block2674
Lot21
BBL2026740021
Class C7
Residential units
61
Units in total
64
Storeys
5
Year built
1926
Last alteration on file
2011
Recorded transfers
1 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
29 Jun 2011$800,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 13,500 SQ FT5
Drawn from PLUTO: 5 storeys, 54,500 sq ft of building on 13,500 sq ft of lot, an average floor plate covering 81% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
13,500 sq ft
Building area
54,500 sq ft
Residential area
50,350 sq ft
Commercial area
4,150 sq ft
Office area
-
Retail area
4,150 sq ft
Buildings on the lot
1
Built floor area ratio
4.04
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$82,800
Assessed total value
$1,008,900
Exempt value
$1,008,900
Assessed per residential unit
$16,539

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
40.81348, -73.904772
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