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The Bronx / Crotona Park East / 10460

962 EAST 172 STREET

Boro2
Block2995
Lot23
BBL2029950023
Class C1
Residential units
25
Units in total
25
Storeys
5
Year built
1931
Last alteration on file
2002
Recorded transfers
4 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
30 Nov 2017$110,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jun 2016$75,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Oct 2008$16,5003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jun 2004$6,250-APARTMENT BUILDINGDEEDO
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.
DEEDO
DEED, OTHER. A conveyance the Register files under its other-deed category.

By year

YearTransfersMedian recordedLowestHighest
20171$110,000--
20161$75,000--
20081$16,500--
20041$6,250--
02

The building on the lot

Section through the lot

LOT 5,000 SQ FT5
Drawn from PLUTO: 5 storeys, 22,500 sq ft of building on 5,000 sq ft of lot, an average floor plate covering 90% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,000 sq ft
Building area
22,500 sq ft
Residential area
22,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.5
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$40,500
Assessed total value
$753,750
Exempt value
$401,425
Assessed per residential unit
$30,150

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
Crotona Park East
ZIP code
10460
Community district
The Bronx 3
Council district
17
Coordinates
40.833221, -73.887774
05

Other buildings in Crotona Park East

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1560 BOONE AVERM36520180-
1544 BOONE AVENUERM16420160-
1560 BOONE AVENUED716420150-
1330 INTERVALE AVENUED712820061-
1211 SOUTHERN BOULEVARDD712320061-
1334 LOUIS NINE BOULEVARDRM12320081-
1029 FREEMAN STREETD912119310-
1812 VYSE AVENUED712120180-
1490 SOUTHERN BOULEVARDD711520190-
1315 WEST FARMS ROADC110919270-
1314 WEST FARMS ROADD910719310-
850 JENNINGS STREETD710320090-

Every building on file in Crotona Park East