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The Bronx / Tremont / 10460

785 FAIRMOUNT PLACE

Boro2
Block2955
Lot48
BBL2029550048
Class C7
Residential units
25
Units in total
26
Storeys
4
Year built
2022
Last alteration on file
2022
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

PERMITTED, NOT BUILTLOT 5,000 SQ FT4
Drawn from PLUTO: 4 storeys, 12,456 sq ft of building on 5,000 sq ft of lot, an average floor plate covering 62% of it. The dashed outline is the difference between the floor area ratio already built (2.49) and the residential floor area ratio of the zoning district (3.44). It is a diagram of recorded figures, not a picture of the building.
Lot area
5,000 sq ft
Building area
12,456 sq ft
Residential area
11,526 sq ft
Commercial area
930 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.49
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$99,000
Assessed total value
$1,103,850
Exempt value
$1,092,685
Assessed per residential unit
$44,154

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
Tremont
ZIP code
10460
Community district
The Bronx 6
Council district
15
Coordinates
40.842856, -73.88886
05

Other buildings in Tremont

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
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735 OAKLAND PLACED722119770-
4179 3RD AVENUERM18920181-
612 EAST 179 STREETD317720190-
2115 SOUTHERN BOULEVARDD716819730-
656 EAST 176TH STREETD715320230-
730 OAKLAND PLACED115219752-
740 EAST 178 STREETD115219732-
750 EAST 179 STREETD615219752-
1883 CROTONA AVENUED113420230-

Every building on file in Tremont