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The Bronx / 10451

731 GERARD AVENUE

Boro2
Block2482
Lot40
BBL2024820040
Class D7Grand Concourse Historic District
Residential units
75
Units in total
76
Storeys
6
Year built
1928
Last alteration on file
-
Recorded transfers
3 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
21 Apr 2009$4,937,500-APARTMENT BUILDINGDEED
26 Jun 2008$6,692,739-APARTMENT BUILDINGDEED
25 Jun 2004$4,700,000-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20091$4,937,500--
20081$6,692,739--
20041$4,700,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 18,646 SQ FT6
Drawn from PLUTO: 6 storeys, 78,240 sq ft of building on 18,646 sq ft of lot, an average floor plate covering 70% of it. The dashed outline is the difference between the floor area ratio already built (4.2) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
18,646 sq ft
Building area
78,240 sq ft
Residential area
76,154 sq ft
Commercial area
2,086 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.2
Residential FAR permitted
6.02
Zoning district
R8
03

Assessment

Assessed land value
$126,000
Assessed total value
$1,956,150
Exempt value
$0
Assessed per residential unit
$26,082

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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
-
ZIP code
10451
Community district
The Bronx 4
Council district
16
Coordinates
40.82476, -73.926854
05

Other buildings in ZIP 10451

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 EAST 153 STREETD31,02319520-
773 CONCOURSE VILLAGE ED493619640-
300 MORRIS AVENUED392919500-
3050 PARK AVENUED386819600-
414 MORRIS AVENUED386719500-
355 EXTERIOR STREETD771020250-
575 EXTERIOR STREETRM54120210-
2862 PARK AVENUED749819740-
1020 GRAND CONCOURSED44531963375$300k
120 EAST 144 STREETD145220240-
224-228 EAST 135TH STREETRM43020181-
2401 3 AVENUED637020190-

Every building on file in ZIP 10451