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The Bronx / Hunts Point / 10474

700 FAILE STREET

Boro2
Block2763
Lot185
BBL2027630185
Class C7
Residential units
20
Units in total
24
Storeys
6
Year built
1928
Last alteration on file
2019
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

LOT 2,990 SQ FT6
Drawn from PLUTO: 6 storeys, 17,950 sq ft of building on 2,990 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
2,990 sq ft
Building area
17,950 sq ft
Residential area
15,950 sq ft
Commercial area
2,000 sq ft
Office area
-
Retail area
2,000 sq ft
Buildings on the lot
1
Built floor area ratio
6
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$20,250
Assessed total value
$981,900
Exempt value
$438,098
Assessed per residential unit
$49,095

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
Hunts Point
ZIP code
10474
Community district
The Bronx 2
Council district
17
Coordinates
40.814767, -73.886371
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