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The Bronx / Melrose / 10455

724 ELTON AVENUE

Boro2
Block2377
Lot41
BBL2023770041
Class D5
Residential units
21
Units in total
22
Storeys
4
Year built
1931
Last alteration on file
2017
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 4,683 SQ FT4
Drawn from PLUTO: 4 storeys, 13,937 sq ft of building on 4,683 sq ft of lot, an average floor plate covering 74% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,683 sq ft
Building area
13,937 sq ft
Residential area
11,241 sq ft
Commercial area
2,696 sq ft
Office area
2,696 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.98
Residential FAR permitted
3.44
Zoning district
C4-4
03

Assessment

Assessed land value
$50,850
Assessed total value
$732,600
Exempt value
$0
Assessed per residential unit
$34,886

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
D5ELEVATOR APT; CONVERTED
Neighbourhood
Melrose
ZIP code
10455
Community district
The Bronx 1
Council district
17
Coordinates
40.819813, -73.913961
05

Other buildings in Melrose

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
645 WESTCHESTER AVENUED31,00719581-
2862 PARK AVENUED749819740-
720 WESTCHESTER AVENUED348819630-
550 CAULDWELL AVENUED347119601-
600 BERGEN AVENUERM28020180-
526A EAST 159 STREETR32651993177$335k
BROOK AVENUED725420250-
700 BROOK AVENUERM222201089$285k
2950 PARK AVENUED321619831-
556 BERGEN AVENUERM21420180-
510 EAST 156 STREETD620819781-
655 MORRIS AVENUED717620150-

Every building on file in Melrose