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The Bronx / West Farms / 10460

869 EAST 179 STREET

Boro2
Block3123
Lot79
BBL2031230079
Class C1
Residential units
30
Units in total
30
Storeys
5
Year built
1931
Last alteration on file
2021
Recorded transfers
1 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
29 Jun 2021$10,556,488-APARTMENT BUILDINGRPTT&RET
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.
02

The building on the lot

Section through the lot

LOT 4,971 SQ FT5
Drawn from PLUTO: 5 storeys, 20,000 sq ft of building on 4,971 sq ft of lot, an average floor plate covering 80% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,971 sq ft
Building area
20,000 sq ft
Residential area
20,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.02
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$67,050
Assessed total value
$781,200
Exempt value
$781,200
Assessed per residential unit
$26,040

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
West Farms
ZIP code
10460
Community district
The Bronx 6
Council district
15
Coordinates
40.844413, -73.883974
05

Other buildings in West Farms

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1932 BRYANT AVENUERM31920190-
989 EAST 179 STREETD729719740-
1923 WEST FARM ROADRR26120210-
999 EAST 180 STREETD123719740-
999 EAST TREMONT AVENUED123119221-
1010 EAST 178 STREETD422019720-
1903 WEST FARMS ROADRM21820160-
883 EAST 180 STREETD120019794-
1939 WEST FARMS ROADRM18120150-
1880 BOSTON ROADRM16820100-
988 EAST 180TH STREETRR16320170-
913 EAST TREMONT AVENUERM11920200-

Every building on file in West Farms