Residential units
124
Units in total
125
Storeys
9
Year built
2004
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 |
|---|---|---|---|---|
| 1 Oct 2024 | $1,373,099 | - | APARTMENT BUILDING | RPTT |
| 6 Mar 2020 | $3,070,972 | - | APARTMENT BUILDING | RPTT&RET |
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2024 | 1 | $1,373,099 | - | - |
| 2020 | 1 | $3,070,972 | - | - |
02
The building on the lot
Section through the lot
Lot area
51,274 sq ft
Building area
157,652 sq ft
Residential area
142,056 sq ft
Commercial area
15,596 sq ft
Office area
-
Retail area
15,596 sq ft
Buildings on the lot
1
Built floor area ratio
3.07
Residential FAR permitted
6.02
Zoning district
R8
03
Assessment
Assessed land value
$692,100
Assessed total value
$2,829,600
Exempt value
$2,631,528
Assessed per residential unit
$22,819
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
Melrose
ZIP code
10455
Community district
The Bronx 1
Council district
17
Coordinates
40.82114, -73.914935
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 | - |