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The Bronx / West Farms / 10460

985 EAST TREMONT AVENUE

Boro2
Block3130
Lot2
BBL2031300002
Class D1
Residential units
101
Units in total
101
Storeys
8
Year built
1986
Last alteration on file
-
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 2015$8,047,705-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 38,726 SQ FT8
Drawn from PLUTO: 8 storeys, 79,154 sq ft of building on 38,726 sq ft of lot, an average floor plate covering 26% of it. The dashed outline is the difference between the floor area ratio already built (2.04) 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
38,726 sq ft
Building area
79,154 sq ft
Residential area
79,154 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.04
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$348,750
Assessed total value
$4,386,600
Exempt value
$4,386,600
Assessed per residential unit
$43,432

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
West Farms
ZIP code
10460
Community district
The Bronx 6
Council district
15
Coordinates
40.84132, -73.882086
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