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The Bronx / Parkchester / 10462

63 METROPOLITAN OVAL

Boro2
Block3929
Lot7501
BBL2039297501
Class RM
Residential units
128
Units in total
136
Storeys
9
Year built
1941
Last alteration on file
-
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

PERMITTED, NOT BUILTLOT 3,309,242 SQ FT9
Drawn from PLUTO: 9 storeys, 112,848 sq ft of building on 3,309,242 sq ft of lot, an average floor plate covering 0% of it. PLUTO records 2 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 (0.03) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
3,309,242 sq ft
Building area
112,848 sq ft
Residential area
91,229 sq ft
Commercial area
21,619 sq ft
Office area
-
Retail area
21,619 sq ft
Buildings on the lot
2
Built floor area ratio
0.03
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$136,993
Assessed total value
$8,250,062
Exempt value
$4,829,927
Assessed per residential unit
$64,454

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
RM
Neighbourhood
Parkchester
ZIP code
10462
Community district
The Bronx 9
Council district
18
Coordinates
40.834087, -73.861403

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Parkchester

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
9 METROPOLITAN OVALR43,85719400-
14 METROPOLITAN OVALR43,378-0-
25 METROPOLITAN OVALRM2,659-0-
1409 METROPOLITAN OVALRM2,121-3,690$205k
1701 PURDY STREETD122120210-
1722 PURDY STREETR4128-2,853$218k
2145 STARLING AVENUED610219281-
2141 STARLING AVENUED610119281-
2022 BENEDICT AVENUED19219280-
1381 CASTLE HILL AVENUEC77619241-
2112 STARLING AVENUED77619633-
1332 METROPOLITAN AVENUED461196242$148k

Every building on file in Parkchester