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The Bronx / West Farms / 10460

998 EAST 179 STREET

Boro2
Block3131
Lot20
BBL2031310020
Class D4
Residential units
90
Units in total
90
Storeys
7
Year built
1971
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
9 May 2011$15,355,990-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 33,500 SQ FT7
Drawn from PLUTO: 7 storeys, 90,900 sq ft of building on 33,500 sq ft of lot, an average floor plate covering 39% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.71) 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
33,500 sq ft
Building area
90,900 sq ft
Residential area
90,900 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
2.71
Residential FAR permitted
3.44
Zoning district
R7-1
03

Assessment

Assessed land value
$180,900
Assessed total value
$2,801,250
Exempt value
$2,801,250
Assessed per residential unit
$31,125

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
D4ELEVATOR COOPERATIVE
Neighbourhood
West Farms
ZIP code
10460
Community district
The Bronx 6
Council district
15
Coordinates
40.841967, -73.880625
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