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The Bronx / Longwood / 10455

586 SOUTHERN BOULEVARD

Boro2
Block2603
Lot22
BBL2026030022
Class C1
Residential units
35
Units in total
35
Storeys
6
Year built
1909
Last alteration on file
-
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
7 Jun 2011$1-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 5,800 SQ FT6
Drawn from PLUTO: 6 storeys, 29,232 sq ft of building on 5,800 sq ft of lot, an average floor plate covering 84% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,800 sq ft
Building area
29,232 sq ft
Residential area
29,232 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.04
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$28,350
Assessed total value
$654,750
Exempt value
$654,750
Assessed per residential unit
$18,707

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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Longwood
ZIP code
10455
Community district
The Bronx 2
Council district
17
Coordinates
40.812486, -73.901894
05

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Every building on file in Longwood