Residential units
20
Units in total
20
Storeys
5
Year built
1906
Last alteration on file
1999
Recorded transfers
6 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 |
|---|---|---|---|---|
| 9 Mar 2022 | $126,000 | 17 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Jul 2017 | $112,500 | 7 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 25 May 2017 | $110,000 | 11 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Jan 2017 | $110,000 | 20 | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Jun 2005 | $5,000 | 12 | SINGLE RESIDENTIAL COOP UNIT | RPTT |
| 15 Jun 2005 | $5,000 | 7 | SINGLE RESIDENTIAL COOP UNIT | RPTT |
- 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.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2022 | 1 | $126,000 | - | - |
| 2017 | 3 | $110,000 | $110,000 | $112,500 |
| 2005 | 2 | $5,000 | $5,000 | $5,000 |
02
The building on the lot
Section through the lot
Lot area
3,925 sq ft
Building area
13,750 sq ft
Residential area
13,750 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.5
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$16,650
Assessed total value
$316,800
Exempt value
$34,940
Assessed per residential unit
$15,840
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
C1OVER SIX FAMILIES WITHOUT STORES
Neighbourhood
Melrose
ZIP code
10456
Community district
The Bronx 1
Council district
17
Coordinates
40.819375, -73.908185
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 | - |