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The Bronx / 10473

615 CASTLE HILL AVENUE

Boro2
Block3570
Lot1
BBL2035700001
Class D1
Residential units
583
Units in total
583
Storeys
12
Year built
1949
Last alteration on file
2016
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
15 Jul 2013$26,084,048-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 477,560 SQ FT12
Drawn from PLUTO: 12 storeys, 638,539 sq ft of building on 477,560 sq ft of lot, an average floor plate covering 11% of it. PLUTO records 4 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.34) and the residential floor area ratio of the zoning district (1.5). It is a diagram of recorded figures, not a picture of the building.
Lot area
477,560 sq ft
Building area
638,539 sq ft
Residential area
638,539 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
4
Built floor area ratio
1.34
Residential FAR permitted
1.5
Zoning district
R5
03

Assessment

Assessed land value
$2,151,000
Assessed total value
$19,922,400
Exempt value
$19,922,400
Assessed per residential unit
$34,172

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
-
ZIP code
10473
Community district
The Bronx 9
Council district
18
Coordinates
40.81994, -73.849849
05

Other buildings in ZIP 10473

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1850 LAFAYETTE AVENUED794819770-
1770 STORY AVENUED382719590-
1670 SEWARD AVENUED377519530-
633 OLMSTEAD AVENUED462419660-
2175 LACOMBE AVENUED158319591-
2225 LACOMBE AVENUED158319591-
1610 RANDALL AVENUED148419540-
823 COLGATE AVENUED348419695-
825 BOYNTON AVENUED348419691-
920 THIERIOT AVENUED345919650-
1760 BRUCKNER BOULEVARDD440819580-
1965 LAFAYETTE AVENUED335919692-

Every building on file in ZIP 10473