Residential units
44
Units in total
47
Storeys
5
Year built
1926
Last alteration on file
-
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 6 Apr 2016 | $7,051,066 | - | APARTMENT BUILDING | DEED |
| 26 Feb 2014 | $4,650,000 | - | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2016 | 1 | $7,051,066 | - | - |
| 2014 | 1 | $4,650,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
10,000 sq ft
Building area
38,875 sq ft
Residential area
35,875 sq ft
Commercial area
3,000 sq ft
Office area
-
Retail area
3,000 sq ft
Buildings on the lot
1
Built floor area ratio
3.89
Residential FAR permitted
3.44
Zoning district
R7-1
03
Assessment
Assessed land value
$40,500
Assessed total value
$1,193,850
Exempt value
$0
Assessed per residential unit
$27,133
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
10451
Community district
The Bronx 1
Council district
17
Coordinates
40.819078, -73.918095
05
Other buildings in Melrose
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 645 WESTCHESTER AVENUE | D3 | 1,007 | 1958 | 1 | - |
| 2862 PARK AVENUE | D7 | 498 | 1974 | 0 | - |
| 720 WESTCHESTER AVENUE | D3 | 488 | 1963 | 0 | - |
| 550 CAULDWELL AVENUE | D3 | 471 | 1960 | 1 | - |
| 600 BERGEN AVENUE | RM | 280 | 2018 | 0 | - |
| 526A EAST 159 STREET | R3 | 265 | 1993 | 177 | $335k |
| BROOK AVENUE | D7 | 254 | 2025 | 0 | - |
| 700 BROOK AVENUE | RM | 222 | 2010 | 89 | $285k |
| 2950 PARK AVENUE | D3 | 216 | 1983 | 1 | - |
| 556 BERGEN AVENUE | RM | 214 | 2018 | 0 | - |
| 510 EAST 156 STREET | D6 | 208 | 1978 | 1 | - |
| 655 MORRIS AVENUE | D7 | 176 | 2015 | 0 | - |