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The Bronx / Hunts Point / 10474

647 FAILE STREET

Boro2
Block2766
Lot12
BBL2027660012
Class C1
Residential units
27
Units in total
27
Storeys
5
Year built
1920
Last alteration on file
1993
Recorded transfers
2 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
9 Jun 2014$2,295,000-APARTMENT BUILDINGDEED
29 May 2013$1,805,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20141$2,295,000--
20131$1,805,000--
02

The building on the lot

Section through the lot

LOT 7,500 SQ FT5
Drawn from PLUTO: 5 storeys, 23,100 sq ft of building on 7,500 sq ft of lot, an average floor plate covering 62% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
7,500 sq ft
Building area
23,100 sq ft
Residential area
23,100 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.08
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$40,050
Assessed total value
$684,000
Exempt value
$0
Assessed per residential unit
$25,333

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
Hunts Point
ZIP code
10474
Community district
The Bronx 2
Council district
17
Coordinates
40.813688, -73.886564
05

Other buildings in Hunts Point

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
985 BRUCKNER BOULEVARDD321520180-
887 SOUTHERN BOULEVARDD112419850-
750 FAILE STREETD411119650-
700 MANIDA STREETD710820190-
870 SOUTHERN BOULEVARDD110520050-
1018 EAST 163RD STREETRM9719090-
1291 LAFAYETTE AVENUED99219890-
667 CASANOVA STREETC78419200-
1225 SENECA AVENUEC17519260-
1325 LAFAYETTE AVENUED77219311-
862 SOUTHERN BOULEVARDD76819220-
1230 SPOFFORD AVENUEC665192817$50k

Every building on file in Hunts Point